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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, March 25, 2011

RIM Sees Slowdown Ahead

Research in Motion, the maker of the BlackBerry, said its revenue for the quarter ended February 26, 2011 was 5.6 billion US dollars, up 36% year-on-year.  During the quarter, RIM shipped approximately 14.9 million BlackBerry smartphones for a total of 52.3 million smartphones in fiscal 2011, up 43% on the previous year.

RIM said it expects revenue for the quarter ending May 28 to be in the range of 5.2 billion to 5.6 billion dollars, which would amount to a year-on-year increase of between 23% and 32%. source: RIM statement 
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