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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 17, 2010

RIM Sees Growth Accelerating

Research in Motion, maker of the BlackBerry, said that its revenue rose 31% year-on-year in the quarter ending August 28th to 4.62 billion US dollars as its smartphone shipments rose more than 45% to 12.1 million. The Ontario-based  company said the revenue breakdown for the quarter was approximately 79% for devices, 17% for service, 1% for software and 3% for other revenue.

RIM said it has now shipped approximately 115 million BlackBerry smartphones and the BlackBerry subscriber account base has grown approximately 56% year-on-year to more than 50 million.

RIM expects its revenue for the quarter ending November 27, 2010 to be in the range of 5.30 billion to 5.55 billion US dollars, which would represent year-on-year revenue growth of between 35% and 42%. source: RIM statement
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