RIM ships record number of BlackBerries in Q4

RIM shipped a record high 4.4 million BlackBerries in the fourth quarter, and 14 million last year.

Research In Motion (RIM) shipped 14 million smartphones last year, including a record high 4.4 million in the fourth quarter, the company said Wednesday.

The popular BlackBerry maker said it added about 2.18 million new BlackBerry subscribers in its fiscal fourth quarter, which ended March 1, bringing total subscribers to just over 14 million.

The figures showed BlackBerry is not yet being impacted by credit and economic woes in the U.S. The company's fourth quarter revenue more than doubled compared to a year ago to US$1.88 billion as its net profit soared 120 percent to US$412.5 million.

"We did not see any evidence of a slowdown in our enterprise business outside of normal seasonal trends," said Jim Balsillie, co-CEO at RIM, in a conference call.

The results and a rosy outlook from the company sent its shares up 4.7 percent in after-market stock trading to US$121.25 per share.

RIM forecast its subscriber numbers will rise by 2.2 million in the current quarter, which ends May 31, and its revenue will rise to between US$2.23 billion and $2.30 billion, higher than the quarter reported on Wednesday.

The company's results and outlook paint a far better picture of the mobile phone market than for other companies in the business.

Last month, Sony Ericsson warned it saw slowing market growth for mid-to-high end mobile phone sales in Europe. The company reduced its sales forecast for the first quarter, which ends March 31, to below that of the first quarter last year.

Texas Instruments, the world's second largest maker of mobile phone chips, also last month reduced its sales and net profit forecasts for the first quarter, which ended March 31, saying it saw slower orders for chips used in high-end mobile phones.

The statements stoked fears of a slowdown in mobile phone sales caused by global economic woes.

RIM said it saw the greatest market strength for its handsets in North America.

Join the PC World newsletter!

Error: Please check your email address.

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Dan Nystedt

IDG News Service
Show Comments

Essentials

Microsoft L5V-00027 Sculpt Ergonomic Keyboard Desktop

Learn more >

Lexar® JumpDrive® S57 USB 3.0 flash drive

Learn more >

Mobile

Lexar® JumpDrive® S45 USB 3.0 flash drive 

Learn more >

Exec

Lexar® Professional 1800x microSDHC™/microSDXC™ UHS-II cards 

Learn more >

HD Pan/Tilt Wi-Fi Camera with Night Vision NC450

Learn more >

Audio-Technica ATH-ANC70 Noise Cancelling Headphones

Learn more >

Lexar® JumpDrive® C20c USB Type-C flash drive 

Learn more >

Budget

Back To Business Guide

Click for more ›

Most Popular Reviews

Latest News Articles

Resources

GGG Evaluation Team

Michael Hargreaves

Windows 10 for Business / Dell XPS

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Aysha Strobbe

Windows 10 / HP Spectre

Ultimately, I think the Windows 10 environment is excellent for me as it caters for so many different uses. The inclusion of the Xbox app is also great for when you need some downtime too!

Mark Escubio

Windows 10 / Lenovo Yoga

For me, the Xbox Play Anywhere is a great new feature as it allows you to play your current Xbox games with higher resolutions and better graphics without forking out extra cash for another copy. Although available titles are still scarce, but I’m sure it will grow in time.

Kathy Cassidy

STYLISTIC Q702

First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.

Anthony Grifoni

STYLISTIC Q572

For work use, Microsoft Word and Excel programs pre-installed on the device are adequate for preparing short documents.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?