Sunday, April 4, 2010

RIM: BlackBerry sold 10.5 million this quarter

The Canadian Research in Motion has presented its financial results for its fiscal year ended last February 27. The past twelve months RIM has experienced a 35% growth with revenues of nearly $ 15 billion.

With 41 million subscribers, the user base was up 65% over the previous fiscal year. These last three months 4.9 million new subscribers have been registered. And because the Blackberry is selling very well, it was also the most popular smartphone in the U.S. at the end of last year. In one year, the firm has seen a sales growth of 41%. In this fiscal year 37 million terminals that have been sold 10.5 million in Q4 against 10.2 on the previous three months.

Net revenues amounted to RIM $ 2.46 billion, this represents a growth of 29.8% over the previous fiscal cycle. In the last quarter the company posted 710.1 million Canadian dollars against 628.4 million net fiscal quarter of $ 518.3 million and previous dollars a year earlier. For its first quarter 2011, RIM expects revenue of between 4.25 and 4.45 billion dollars.

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