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