RIM and its BlackBerry smartphones doing better than expected

Although most handset manufacturers declared rather weak sales lately, Research In Motion has proudly announced that its net subscriber account additions for the fiscal fourth quarter (which ends on February 28, 2009) is higher than expected.

As such, the maker of BlackBerry smartphones believes that the net subscriber account additions for said period may be about 20% higher than the 2.9 million additions initially estimated. So we’re looking at about 3.5 million new BlackBerry subscribers in the last four months.

The good results were driven by the holiday buying season, but also by the post-holiday season, when RIM’s new devices (BlackBerry Storm, BlackBerry Curve 8900, BlackBerry Pearl Flip) continue to attract many customers from North America and other international markets. 


However, the Canadian company, which sold the 50 millionth BlackBerry handset last month, says that the higher than expected subscriber account additions do not reflect its financial performance. Which could mean it has profits lower than estimated – but I guess it’s all good as long as they do have a profit.   

Source: RIM

Author: Ilinca Nita

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