RIM surprises analysts with strong quarter, forecast

12/16/2010 | Bloomberg · Wall Street Journal, The · Reuters

Analysts and the media keep worrying about Research in Motion's prospects, but the BlackBerry maker keeps churning out record results. RIM reported revenues and income for the third quarter on Thursday that topped estimates, fueled largely by demand for the BlackBerry Curve and Torch smartphones. RIM said it shipped 14.2 million BlackBerry smartphones, a 40% rise from a year ago. Co-CEO Jim Balsillie also reported strong interest in RIM's upcoming PlayBook tablet, and the company forecast a solid holiday sales season.

View Full Article in:

Bloomberg · Wall Street Journal, The · Reuters

Published in Brief: