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Normally we save news for our weekly News From The Wire feature, but since we’re at CTIA — and also since this is pretty big news — we’re going to share it now. RIM announced their fourth quarter results yesterday, and things look good. So good, in fact, that it’s stock shot up in after-hours trading. That’s always a sign of good news. So how good did RIM do? After the jump we’ll talk revenue increase and subscriber numbers. Teaser: they sold their 50 millionth BlackBerry during the quarter.
Just so you know you’re not alone with your Berry, RIM shipped 7.8 million devices in the fourth quarter, an all-time high. They also added 3.9 million accounts, adding to their already lofty total. For those who care about the finances, they recorded an 84 percent revenue increase over the fourth quarter last year, no doubt in part due to the Storm. The figure: $3.46 billion. That’s a lot of cheddar.
As we mentioned in News From The Wire yesterday, profit margins weren’t quite as good, but it appears investors aren’t too concerned with that. So things are looking good for RIM, and could be looking even better in the second quarter, as they’ll surely have a few announcements up their sleeves for WES in May.
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4 Comments ↓
When will the next OFFICIAL software for storm 9530 coming out ?
[...] If you are new here, you may want to subscribe to my feed or subscribe to us on Twitter!CTIA is just wrapping up, so we’re reviewing the week on the BBGeekcast. Plenty of positive news from the RIM camp, including their positive fourth quarter results. [...]
It was supposed to be released yesterday morning but they have delayed the release — I am not sure why, but it should be available soon.
[...] RIM posts excellent fourth quarter numbers. Just in case anyone was concerned about RIM, they did just fine in the fourth quarter. [...]
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