RIM posts great Q1 results

June 26, 2008 | By | Add a Comment

Yesterday RIM announced their first quarter results for 2009 and of course they did great. RIM saw revenue go up 107% to $2.24 billion from Q1 of 2008. Not only that but RIM added 2.3 million more subscribers this quater bringing their overall to around 16 million. This summer RIM is also getting ready to ship their 40 millionth BlackBerry smartphone!

“We are pleased to report another record quarter with revenue increasing 107% as the popularity of the BlackBerry platform continued to spread in business, government and consumer segments. Our comprehensive technology and business strategies continue to reap strong results in the market and RIM is well positioned to build on its momentum throughout the remainder of fiscal 2009,” said Jim Balsillie, Co-CEO at Research In Motion. “As we prepare this summer to ship our 40 millionth BlackBerry smartphone, we continue to steadily scale our business and partnerships to support the opportunities ahead in this thriving sector.”

[RIM Press Release]

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