About this weblog

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 25, 2010

RIM Forecasts Faster Growth

Research in Motion, maker of the Blackberry, said that it expects revenue in the quarter ending August 28 to be between 4.4 and 4.6 billion US dollars, which would be an increase of between 25% and 30% from the equivalent quarter in 2009.

RIM said that revenues in the quarter ending May 29 grew 24% year-on-year to 4.24 billion dollars, as unit shipments of Blackberries rose 43% to 11.2 million. RIM said that 79% of its revenues in the quarter came from device sales, 16% from services and 2% from software. RIM said it added 4.9 million net new BlackBerry subscriber accounts in the quarter taking its total base to 46 million. source: RIM statement

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