Saturday, December 20, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
T-Mobile to Pay $90 Million To Settle Case With FCC
New Trojan Targetted Banks Wordlwide
FBI Confirms North Korea Was Behind Sony Hack
Apple Responds To BBC's Allegations Over Working Conditions In Chinese Factory
BlackBerry Returns To Cash Flow
Comparison: Quantum Dot Vs. OLED Displays
Toshiba and SK Hynix Reach Settlement in Lawsuit Ahead Of CES
Google Concerned About MPAA's Actions To Revive SOPA
Active Discussions
Digital Audio Extraction and Plextools
Will there be any trade in scheme for the coming PSP Go?
Hello, Glad to be Aboard!!!
Best optical drive for ripping CD's? My LG 4163B is mediocre.
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
 Home > News > Mobiles > RIM's P...
Last 7 Days News : SU MO TU WE TH FR SA All News

Saturday, December 22, 2007
RIM's Profit, Revenue Doubled Last Quarter


Research In Motion (RIM) has announced the results of a very successful financial quarter. During the three months that ended Dec. 1, the company doubled its profit and revenue year over year.

Revenue was $1.67 billion, up 22% from the previous quarter and up 100% from the same quarter of last year. Approximately 80% this came from devices, 14% from services, 4% for software, and 2% for other revenue.

RIM's net income for the quarter was $370.5 million, or $0.65 per share, compared with net income of $287.7 million in the prior quarter and net income of $175.2 million in the same quarter of 2006.

Approximately 1.65 million BlackBerry subscriber accounts were added in the quarter, and over 3.9 million devices were shipped. The total BlackBerry subscriber base at the end of the period was approximately 12 million.

Jim Balsillie, Co-CEO, said, "We are pleased to see continuing growth amongst business and government users, with the BlackBerry platform being deployed for a widening range of applications, and we are also pleased with the excellent consumer sales results achieved so far in the holiday buying season."

Looking Ahead

RIM is anticipating another good financial quarter. It predicts revenue during its current one, which will end March 1, 2008, will be between $1.80 and $1.87 billion. The company also predicts that its earnings per share will be in the range of $0.66-$0.70 per share.

In addition, RIM is expecting that its total number of subscribers will go up by approximately 1.82 million during this period.


Previous
Next
Windows Mobile Standard Treo 500 Not Coming to the U.S.        All News        Sharp and Toshiba to Form Alliance in LCD and Semiconductor Businesses
Windows Mobile Standard Treo 500 Not Coming to the U.S.     Mobiles News      Yahoo!, America Movile Partner on Mobile Web Search

Get RSS feed Easy Print E-Mail this Message

Related News
BlackBerry Returns To Cash Flow
BlackBerry Classic Makes Official Debut
Freescale To Launch First Qi-compliant Wireless Charging Solution
BlackBerry and NantHealth Launch NantOmics Cancer Genome Browser
Germany To Get Secure Phones By BlackBerry
Trade Your iPhone for BlackBerry Passport And Get $550
BlackBerry Focuses On Enterprise Mobility
Samsung Partners with Christie to Unveil Special-Edition Artisan Curved UHD TV
Updated BBM Offers More Privacy, Control and More
BlackBerry CEO Creates Buzz Ahead of Classic Launch
LG 34-inch Curved Monitor Now Available
Samsung Introduces 27-inch Curved LED Monitor

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .