RIM has Q3 Earnings Higher Than Expected
RIM boasts Q3 09’ revenue of 3.92 billion dollars, that’s an increase of 11% from the second quarter of 2009. What is even more surprising is the cell phone news article I read is that RIM went up from the same quarter last year. The Q3 08’ 2.78 billion, that is a 41% increase. Another milestone for the quarter was RIM sold its 75 millionth Blackberry handset. Net income sits at 628.4 million dollars for the quarter as well. RIM had this to say about the recent earnings and expansion.
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