RIM posts better-than-expected results

Research In Motion is coming back strong after settling its IPR lawsuit with NTP. RIM posted better-than-expected results for the fiscal fourth quarter, earning $129 million and adding 680,000 BlackBerry users, which boosted revenue by 35 percent. RIM's profit was 68 cents per share compared with analyst estimates of 65 cents a share. RIM's stock jumped nearly 4 percent in after-hours trading yesterday. UBS expects continued strength from RIM in the November quarter as a number of new operators have taken new BlackBerry models in the month of June.

To read more about RIM's fiscal quarter results:
- check out this article from AP

Suggested Articles

Sprint announced the opening of a TIP Community Lab in Overland Park, Kansas, where it hopes to further the development of OpenRAN 5G NR solutions.

Vodafone plans to issue a request for quotes for open RAN technology for its entire European footprint of more than 100,000 sites.

AT&T's Igal Elbaz also talked about dynamic spectrum sharing and the economic challenge of 5G fixed wireless.