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RIM posts strong results on 7.8M BlackBerry shipments

Written by Editor in Friday, June 19th 2009

Research In Motion has been able to give good numbers even in the bad economy, which is well beyond expectations. It has been able to sell 7.8 million BlackBerrys in this fiscal.

RIM has been able to match its analyst estimates of $3.43billion revenue as against its reported revenue of $3.42 billion for this quarter which is 52% more than the same quarter last year. The net income after tax liabilities comes to around $564.4 million or 98 cents per share, but the analysts projection was around 94 cents per share.

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