RIM reports strong growth, 3.9 million new BlackBerry subscribers
As expected, Research In Motion’s results for the fiscal year 2009 (ended on February 28) are quite impressive, despite the global economic recession.
The Canadian company has announced it added 3.9 million BlackBerry subscriber accounts in the fourth quarter of fiscal 2009, while shipping about 7.8 million smartphones worldwide.
Overall, 26 million BlackBerry handsets were sold during fiscal 2009.
These figures helped RIM’s Q4 revenue reach $3.46 billion – a 24.5% increase when compared to the previous quarter’s revenue, and a whopping 88% increase from the $1.88 billion reported in the fourth quarter of last year.
(BlackBerry Curve 8900, one of RIM’s latest smartphones)
RIM’s net income in the fourth quarter of fiscal 2009 was of $518.3 million. The company’s net income for the whole fiscal year was of $1.89 billion.
The smartphone maker expects the first quarter of fiscal 2010 to be a good one as well, with at least 3.7 million net subscriber account additions.
Via Press release