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 newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
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

Cool Tech

Breitling Superocean Heritage Chronographe 44

Learn more >

SanDisk MicroSDXC™ for Nintendo® Switch™

Learn more >

Toys for Boys

Family Friendly

Panasonic 4K UHD Blu-Ray Player and Full HD Recorder with Netflix - UBT1GL-K

Learn more >

Stocking Stuffer

Razer DeathAdder Expert Ergonomic Gaming Mouse

Learn more >

Christmas Gift Guide

Click for more ›

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?