BlackBerry
manufacturer
Research
in Motion has announced strong second-quarter results, adding around 1.45
million subscribers to break the 10 million mark.
Revenue for the second quarter of fiscal 2008 reached $1.37bn, up 27 per cent
from $1.08bn in the previous quarter.
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"RIM's second-quarter results were exceptionally strong on all metrics
including revenue, subscriber account additions and net income," said co-chief
executive Jim Balsillie.
"With over 10 million BlackBerry subscriber accounts, and over 20 million
handsets shipped, we are pleased with our position in the market today.
"We expect recent product and market initiatives to extend our business
momentum through the remainder of the fiscal year."
Balsillie claimed that strong demand for the
BlackBerry
Curve and
BlackBerry
Pearl handsets helped to mitigate the usual summer sales slowdown, and that
the BlackBerry service is now available from around 325 operators worldwide.
RIM continued its push into the retail market during the quarter, with
non-corporate subscriber account additions in the US exceeding 50 per cent for
the first time.
Device sales made up the vast majority of RIM's revenue at approximately 78
per cent, followed by services at 15 per cent, software at four per cent and
'other sources' at three per cent.
Revenue for the quarter ending 1 December 2007 is expected to be in the range
of $1.60bn to $1.67bn, and subscriber account additions in the third quarter are
expected to be approximately 1.65 million.
Mobile operator
Sprint has
launched the BlackBerry 8830 World Edition in the US, offering a special $10.5m
version of the phone, sweetening the deal by throwing in a
free
private island.
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