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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, June 19, 2009

RIM Forecasts Slowing Growth

Research in Motion, maker of the BlackBerry smartphone, forecast that revenue for the quarter ending August 29, 2009 will be between 3.45 and 3.70 billion US dollars, up about 40% on the 2.58 billion in the same period last year.

Revenue for the quarter ending May 30, 2009 was 3.42 billion dollars, up 53% from the 2.24 billion in the same quarter of last year. During the quarter, RIM shipped 7.8 million devices, adding 3.8 million net new BlackBerry subscriber accounts. At the end of the quarter, the total BlackBerry subscriber account base was 28.5 million. source: RIM statement

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