RIM doubles up profits, revenue

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Just as forecasted, Research in Motion has delivered quite the Wall Street-pleasing results in the fiscal third-quarter. The BlackBerry maker’s recently released numbers showed a staggering $370.5 million profit compared to “just” $175.2 million in the same quarter last year. Furthermore, the firm’s Q3 revenue rose to $1.67 billion from $835.1 million last year. According to co-CEO Jim Balsillie, it’s pretty “clear [that] BlackBerry smartphones have crossed by from being viewed as a primarily enterprise product to being

marketed as a strong mainstream offering,” and considering the results, it’s hard to argue that point. Oh, and just in case you haven’t seen abundant digits in one post, it should be noted that RIM shipped out more than 3.9 million handsets and added around 1.65 million BlackBerry subscribers in Q3, plus. Not too shabby, eh?

 

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Original post by Darren Murph

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