2010-09-20

0 RIM , Blackberry Fiscal 2011 reports 12 million blackberry devices sold

Recently the Canadian mobile giant announced earnings and that a record 12 million BlackBerry smartphones were shipped in Q2 of the company’s fiscal 2011 .
The Fiscal report 2011 Highlights:
  • Revenue grew 31% over the same quarter last year to $4.62 billion
  • Earnings per share in Q2 increased 76% to $1.46 over the Q2 last year
  • BlackBerry smartphone shipments grew more than 45% over the same quarter last year to 12.1 million and RIM has shipped approximately 115 million BlackBerry smartphones to date
  • BlackBerry subscriber account base grew approximately 56% over the prior year to over 50 million
“We expect a continuation of this momentum in the third quarter as we extend the rollout of new products including the BlackBerry Torch into additional markets and benefit from heavy promotional activities and increasing customer demand as we head into the holiday buying season,” said Jim Balsillie, the company’s co-CEO. RIM’s stock price rose slightly on new of the strong earnings report by 2% at time of publishing.

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