Sales at BlackBerry manufacturer Research In Motion (RIM) grew 102 per cent to $1.88bn (£948m) in the fourth quarter of 2008, up from $930.4m (£469m) in the same period of last year.
Quarterly profit jumped to $412.5m (£208m), up 11 per cent from $370.5m (£187m) the last three months of the previous year. Annual revenue rose 98 per cent to $6.01bn (£3bn), while annual profit leapt 105 per cent to $1.29bn (£651m).
The strong results followed impressive growth in the number of BlackBerry subscribers - RIM added 2.18 million users in the fourth quarter, with the overall customer base now surpassing 14 million.
"Heightened retail activities helped drive exceptional subscriber growth during the fourth quarter with net subscriber account additions growing more than 32 per cent over the previous quarter and well over two million net subscriber accounts added in a single quarter for the first time," said Jim Balsillie, co-chief executive at RIM.
"Looking forward, the prospects for RIM and the industry are more exciting than ever and we will continue to work closely with a thriving ecosystem of partners to build on our momentum during the year ahead."
Post your comment
Send an email to the Computing editor at feedback@computing.co.uk
del.icio.us
digg this
reddit!
Onboard web service due to arrive in 2007 is behind schedule 21 Aug 2008
The British Computer Society will conduct an independent review of NHS IT policy 21 Aug 2008
Better public sector data sharing would provide all the necessary information, says think tank 21 Aug 2008
More news
Privacy fears over directive that will allow organisations to view emails, texts and web use 21 Aug 2008
Firms recognise need for IT – but staff must keep skills up to date 20 Aug 2008
Transport for London cuts its ties with the TranSys consortium and begins plans for its replacement 21 Aug 2008 More in depth
Advertising Marketplace
- Enterprise Accounting Solutions
- Business Intelligence Solutions
- Enterprise Content Management (ECM)
- Supply Chain Management
- Enterprise Resource Planning (ERP)
- Project Management Solutions
- Customer Relationship Management (CRM)
- Security Solutions
- Systems Management
- Networking and Communications Solutions
Featured jobs
More job opportunities