Friday, December 16, 2011

RIM reports Q3 2011 earnings: $5.2b revenue, $265m net income and 14.1 million handsets shipped



Waterloo

news is not as bad today as Research in Motion announced its financial results for the third quarter of 2011. While the company has already had to cut its forecast for profit of $ 5.6 million for the quarter, it is clear that the company was about to meet that mark. After the close of business today, RIM reported $ 5.2 billion in revenue, with $ 265 million in net revenue and 14.1 million phones shipped. The company was only able to do 150 000 PlayBook tablets during this time period, however, that no doubt contributed to reducing these figures. Unfortunately, the market did not take kindly to the revelation, such as RIM shares was reduced from seven percent in after-hours trade. In a small piece of positive news, the company reported that its subscriber account is 35 percent a year, which now stands at 75 million subscribers.

source the future, the company expects to attract between $ 4.6 and $ 4.9 billion in revenue for the next quarter, which is expected to send between 11 and 12 million units. Co-CEO Jim Balsillie referred quarters than in the majority of trafficking in the history of the company, and pledged to re-evaluate RIM's portfolio of products, development and research strategy and to "leave no stone remove "in his attempt to regain leadership in the smartphone world. Meanwhile, co-CEO Mike Lazaridis has reaffirmed the commitment of the PlayBook OS 2.0, which remains on track for launch in February. As for smartphones BlackBerry QNX base, we waited 10, Mike Lazaridis said he does not expect anything until the end of 2012. Apparently, their availability is hampered by a critical source of chipset should not be available until mid next year. In other words, unless the consumer to develop a love for fast BlackBerry OS 7, 2012 unfortunately can be a horrible year for the people of Waterloo.
Find best price for : --Motion----Research----Waterloo--

0 comments:

Blog Archive

Blog Archive

About Me