Research in Motion reported 76.5 percent increase in earnings year-over-year during its latest quarterly filing. RIM brought in $1.082 billion in revenues, with earnings at $223.2 million, compared to last year's earnings of $128.8 million. RIM predicted it would add between 1,325,000 and 1,375,000 million subscribers. During the last quarter the company added 1.2 million subscribers.
"I think [Apple and AT&T] did a great favor because they drove attention to the converged appliance space,' RIM Co-Chief Executive Jim Balsillie said. 'iPhone is launching on one carrier in one country. We're in about 100 countries and have 300 carriers. To the extent that there's interest there, there is another 109 countries that are interested in these kinds of things."
For more on the BlackBerry maker's earnings:
- read this article from the AP