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RIM posts huge Q4 earnings

Posted by Joe on April 4, 2008

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Just a quick note before I post the podcast. RIM posted huge earnings in the fourth quarter, with a revenue of $1.88 billion. That’s up from $930.4 million a year ago, an increase of an amazing 102 percent. They’re forecasting bigger things for the first quarter of this year (of course): $2.23 to $2.30 billion in earnings. Analysts are a bit less bullish, forecasting $2.02 billion. With the impending CDMA Curve releases, I’m apt to believe the higher numbers at this point.