RIM announces Q2 results
Research In Motion this afternoon announced its financial results for the second quarter of fiscal 2005. RIM of course is the maker of the popular BlackBerry device/platform.
bq. Revenue for the second quarter of fiscal 2005 was $310.2 million, up 15% from $269.6 million in the previous quarter and up 147% from $125.7 million in the same quarter of last year.
Research In Motion made $70.6 million in profit for the quarter, at the higher end of estimates. Total subscribers went up an impressive 317,000 from Q1 to a total 1,657,000 subscribers. The company
intends to have 2 million subscribers by the end of the year.
The
BlackBerry 7100t should carry the next quarter--it
began shipping today from T-Mobile USA.
