The Blackberry Bold 9700 & Blackberry 9000 Review

RIM Profitable – Research In Motion Billions

Written by admin on December 18, 2009 – 3:25 pm -

Research In Motion filed it’s Q3 Report, showing just how popular and profitable they truly are. Based on the run of media and lack of devices they showed for the Bold 9700 when it first came out, it’s no surprise that they’re doing better than anyone could have imagined… In fact, reports of doing more sales than the iPhone on the Curve models… The curve in my opinion is really more of a college kid phone than a business tool – lacking WIFI and other handy on the road tools.

Interesting note, RIM sold their 75 millionth Blackberry, showing exactly what kind of strength this company really holds!

Revenue for the third quarter of fiscal 2010 was $3.92 billion, up 11% from $3.53 billion in the previous quarter and up 41% from $2.78 billion in the same quarter of last year. The revenue breakdown for the quarter was approximately 82% for devices, 14% for service, 2% for software and 2% for other revenue.   During the quarter, RIM shipped approximately 10.1 million devices.

Fact is, we’re the proud owners of devices that are manufactured by a very healthy company with quite a strong future ahead of it!

Daniel J Deyette

Tags: blackberry, bold 9700, curve, money, profit, research in motion, revenue, RIM
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