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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Friday, September 25, 2009

Rapid Rise in RIM's Revenue

Research In Motion said it expects revenue for the quarter ending November 28, 2009 to be between 3.60 billion and 3.85 billion dollars, a rise of approximately 34% on the same period a year earlier. RIM reported a 37% year-on-year rise in revenue to 3.53 billion US dollars in the quarter ending August 29, as it sold 8.3 million Blackberry devices compared with 6.1 million in the same quarter in 2008.

RIM said the revenue breakdown for the quarter was approximately 81% for devices, 14% for service, 2% for software and 3% for other revenue. source: RIM statement

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