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BlackBerry maker’s earnings jump 45%

Research in Motion, the maker of the BlackBerry, says its third-quarter earnings have jumped 45 percent as sales keep surging overseas despite tough competition in the smartphone market.
RIM said it shipped 14.2 million BlackBerrys in the quarter, narrowly beating Apple’s iPhone sales in its latest quarter, which ended in October. Most of RIM’s growth is now coming from markets outside the United States, Canada and Britain, where the BlackBerry is already the business phone of choice.
Income was $911 million, or $1.74 per share, in the fiscal third quarter ended on Nov. 27. That was up from $628 million, or $1.10 per share, a year earlier. Revenue rose 40 percent to $5.49 billion.
In August, RIM launched the BlackBerry Torch, with a touch screen and a slide-out keyboard for an overall look that’s similar to competing devices. It also refreshed the look of the operating system.

Article via thejakartaglobe

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