RIM Q2 2011 results are out , 10.6 Million BlackBerry smartphones and 200,000 Playbooks shipped

Research in Motion today declared the results for the quarter ended Aug 27 2001 and the company saw revenue drop to $4.2 billion. Surprisingly the revenue from services crossed $1 billion as the BlackBerry subscriber base saw a 40% growth to cross 70 million. The company managed to ship 10.6 million smartphones and 200,000 units of the Playbook during this quarter.� Although it was not a great Q2 for RIM , it was not so bad considering the new devices like the Bold 9900 hit the stores only towards the fag end of the quarter. Hopefully Q3 will be a better quarter considering the global launch of the OS7 devices. The company has promised a QNX based mobile platform next year. RESEARCH IN MOTION REPORTS SECOND QUARTER FISCAL 2012 RESULTS Waterloo, ON ? Research In Motion Limited (RIM) (Nasdaq: RIMM; TSX: RIM), a world leader in the mobile communications market, today reported second quarter results for the three months ended August 27, 2011 (all figures in U.S. dollars and U.S. GAAP, except where otherwise indicated). Highlights: Revenue in the second quarter was $4.2 billion and service revenue surpassed $1 billion for the first time GAAP net income of $329 million or $0.63 per ...

Source: http://www.fonearena.com/blog/42368/rim-q2-2011-results-are-out-10-6-million-blackberry-smartphones-and-200000-playbooks-shipped.html

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