Friday, July 03, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
ARCHOS Unveils the ARCHOS 50d Helium
July 29 Won't Be The Day You'll Get Your Windows 10 Upgrade
Windows 7 Remains The Leading Operating System
Intel President To Leave The Company
Intel Compute Stick Comes With Ubuntu
Nintendo Wants To Surpise With New NX Console
South Korean Display Makers To Provide Flexible Display For Next Apple Watch: analyst
Hewlett-Packard Officially Files to Split
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > Mobiles > Researc...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, June 26, 2008
Research In Motion Reports First Quarter Results


Research In Motion Limited (RIM) today reported first quarter results for the three months ended May 31, 2008 (all figures in U.S. dollars and U.S. GAAP).

Revenue for the first quarter of fiscal 2009 was $2.24 billion, up 19% from $1.88 billion in the previous quarter and up 107% from $1.08 billion in the same quarter of last year. The revenue breakdown for the quarter was approximately 82% for devices, 13% for service, 3% for software and 2% for other revenue. During the quarter, RIM shipped approximately 5.4 million devices.

Approximately 2.3 million net new BlackBerry(R) subscriber accounts were added in the quarter. At the end of the quarter, the total BlackBerry subscriber account base was over 16 million.

"We are pleased to report another record quarter with revenue increasing 107% as the popularity of the BlackBerry platform continued to spread in business, government and consumer segments. Our comprehensive technology and business strategies continue to reap strong results in the market and RIM is well positioned to build on its momentum throughout the remainder of fiscal 2009," said Jim Balsillie, Co-CEO at Research In Motion. "As we prepare this summer to ship our 40 millionth BlackBerry smartphone, we continue to steadily scale our business and partnerships to support the opportunities ahead in this thriving sector."

Net income for the quarter was $482.5 million, or $0.84 per share diluted, compared with net income of $412.5 million, or $0.72 per share diluted, in the prior quarter and net income of $223.2 million, or $0.39 per share diluted, in the same quarter last year.

Revenue for the second quarter of fiscal 2009 ending August 30, 2008 is expected to be in the range of $2.55-$2.65 billion. Net subscriber account additions in the second quarter are expected to be approximately 2.6 million. Earnings per share for the second quarter are expected to be in the range of $0.84-$0.89 per share diluted.

The total of cash, cash equivalents, short-term and long-term investments was $2.08 billion as at May 31, 2008, compared to $2.34 billion at the end of the previous quarter, a decrease of $267 million over the prior quarter. Uses of cash in the quarter included the payment of Canadian income tax of approximately $460 million and capital and intangible expenditures of approximately $293 million.

The replay of the company's Q1 conference call can be accessed after 7:00 pm (eastern), June 25, 2008 until midnight (eastern), July 10, 2008. It can be accessed by dialing 416-640-1917 and entering passcode 21252982#. The conference will also appear on the RIM web site, live at 5:00 pm (eastern) and archived at http://www.rim.com/investors/events/index.shtml.


Previous
Next
HTC to make Shadow II UMA handset for T-Mobile USA        All News        Technology Community Forms Foundation to Promote Online Digital Identity
HTC to make Shadow II UMA handset for T-Mobile USA     Mobiles News      T-Mobile Offers Wireless Home Phone Service

Get RSS feed Easy Print E-Mail this Message

Related News
BlackBerry Reports High Quarterly Software Revenue
BlackBerry May Release Android Phone
BlackBerry 10.3.2 and BlackBerry Blend 1.2 Coming to All BlackBerry 10 Devices
BlackBerry Cuts Jobs Worldwide
T-Mobile And Blackberry Make Peace, BlackBerry Classic Now Available
BlackBerry Advances Security of Mobile and Internet of Things
BlackBerry To Buy WatchDox to Bolster Mobile Content Security
BlackBerry Posts Quarterly Profit
CeBIT 2015: Blackberry Secures Samsung Tablets Using IBM Software
MWC: BlackBerry Unveils New Leap Smartphone
BlackBerry OS 10.3.1 Coming On All BlackBerry 10 Devices
BlackBerry Says Net Neutrality Rules Should Mandate Apple To Bring iMessage to All Platforms

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .