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BlackBerry maker shares jump on 26% quarterly profit jump
Research In Motion shares rose more than 20% overnight after posting their fourth quarter results.
The BlackBerry maker made $518.3m in the quarter December 08-February 09 – up 26% on the same period a year ago. Revenue came in at $3.46 billion, higher than the $3.42 billion analysts had predicted.
The company also said it’d added around 3.9 million new BlackBerry subscribers during the same period, bringing the total to around 25 million. They expect to add between 3.7 million and 3.9 million to that figure in the current quarter, which ends on 30th May.
via RIM surprises market with strong results – Times Online.
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| Print article | This entry was posted by Alex on April 3, 2009 at 1:20 pm, and is filed under Mobile News. Follow any responses to this post through RSS 2.0. You can leave a response or trackback from your own site. |
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