RIM beats Q4 forecasts, adds 3.9 million subs

By on Apr 3, 2009 at 11:31 AM
News April 3, 2009

In an economic climate where its been mostly doom and gloom, it’s nice to see that a few companies still know how to do one very important thing — turn a profit. One company that has been able to consistently do this over many years is RIM, maker of the BlackBerry smartphone who yesterday released their Q4 financial results. With Q4 revenue 24.5% over that of the previous quarter and 84% above the same period last year, RIM took in a cool $3.46 billion with the bulk of revenue (some 83%) coming from handset sales alone as some 7.8 million devices were sold over the past three months ended February 28, 2009. All told, RIM can now tout a subscriber base of 25 million which helped propel its net income for Q4 ’09 to $518.3 million ($0.90 per share diluted), a rather impressive increase over the $396.3 million ($0.69 per share diluted) of Q3 ’09 at a time when both corporations and consumers, who now make up half of RIM’s subscribers, are slashing expenses left, right and center. As for Fiscal 2009, net income came in at $1.89 billion ($3.30 per share diluted), an increase of 46.3% from that of 2008. RIM is expecting to add 3.7 to 3.9 million subscribers in Q1 2010 with revenue in the range of $3.3 and $3.5 billion and an earnings per share of $0.88 to $0.97 per share diluted.

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  • MH & HD

    “Exactly as I stated previously, as of TODAY as in NOW, with him presently using the 8830 not in the PAST”

    Like you said idiot…your kneejerk, idiotic statement is also a joke since you like to live in the past and refer to old equipment that people previously used.

    You should learn to read why I mentioned the 8830 and understand why it was made in reference to Obama not being able to use his Blackberry in Europe when in fact he can.

    LEARN TO READ AND COMPREHEND.

    Still using your Apple Newton? how about the analog Motorola Startac?

    Don’t we live in the here and now? Probably you don’t… and continue to live and dwell on old hardware. Perhaps you should go back to Mac OS7 while we here in the present including President Obama continue to use multiple format devices that take advantage of all (CDMA,GSM,EVDO,HSPA single chipset technologies such as the BLACKBERRY 8830, 9530 and upcoming 9630.

    And no…you’re not my buddy

  • MH & HD

    Oh one more thing…as LTE development continues, RIM is also developing (with the help of Qualcomm) CDMA/EVDO/LTE chipsets to their upcoming lineup.

    Motorola has already demonstrated for smooth CDMA/EVDO/LTE handoffs.

    http://mediacenter.motorola.com/Content/Detail.aspx?ReleaseID=11063&NewsAreaID=2

    And what…when this new Blackberry comes out, you’re still going to mention that Obama used the 8700 series back during his pre-election 2008 campaign right?

    How sad!

  • backbeat

    As opposed to your juvenile, sophomoronic editorializing, the below post is what I actually stated. If you cannot let go of what happened just 6 months ago, you have no business claiming to be an adult. In other words, fuck you -and- your childish insolence … again. :)

    ________________________________________________________________

    Exactly as I stated previously, using the 8700-series during the campaign …

    Using 8700 series in 11/08:

    http://i.thisislondon.co.uk/i/pix/2008/11/obama-blackberry-415×712.jpg

    Using the ‘approved’ 8800 series post-election:

    http://newsimg.bbc.co.uk/media/images/45212000/jpg/_45212892_obama_getty226b.jpg

    In all seriousness … Why the elementary pettiness when the proof is everywhere?

    Where did I ever state -enything- about Obama being able/not being able to use his Blackberry in Europe? What a fucking childish idiot you are! Kindly link to the [nonexistent] quote.

    Buddy.

  • MF & HD

    As opposed to your juvenile, sophomoronic editorializing, the below post is what I actually stated. If you cannot let go of what happened just 6 months ago, you have no business claiming to be an adult. In other words, fuck you -and- your childish insolence … again. :)

    Jesus…some people just can’t fucking understand plain english. I’ll say it again in a “BEING SPECIAL” accent.

    WHA PHUH of Yooosing en Yoorope duh you nuh uhnda stand?

    “TRANSLATION”…What part of fucking that the 8830 was addressed when the comment that Barrack can’t use his Blackberry in Europe DO YOU NOT FUCKING UNDERSTAND?

    Just like you you moron…with your piss ass attempt to justify yourself with outdated 8700 series equipment…I was also right in addressing the issue about the 8830 having the ability to be used in Europe because Barrack does now have this model.

    If you can’t accept that…then get a fucking grip and life because you’re a sore loser.

  • MF & HD

    @backbeat

    You comment?
    “Where did I ever state -enything- about Obama being able/not being able to use his Blackberry in Europe? What a fucking childish idiot you are! Kindly link to the [nonexistent] quote.”

    You made that statement because I made a reply in that Obama now has a world Blackberry. You want to see the facts? Well here they are since you can’t fucking read plain English.

    1. On Apr 4, 2009 @ 8:51 am, Crunch Said:

    Well, besides the releases of the Bold on AT&T, the 8900, and the Storm, all in Q4, it is unlikely for equally as hefty a profitable Q1 ‘09.

    And President Obama and his addiction to the BlackBerry probably helped too! :D
    Too bad he’s out of luck over in Europe with his CDMA Verizon ‘Berry.
    Go RIM! Go Obama!

    SO…a comment was made TOO BAD HE’S OUT OF LUCK OVER IN EUROPE WITH HIS CDMA VERSION ‘BERRY.

    Hmmm…as far as I know it’s fucking 2009 not 2008 pre-election. He is the president and is now using the 8830 Verizon world edition blackberry.

    Then to correct the previous poster I said this:

    2. On Apr 5, 2009 @ 2:12 am, Harry Dick & Mike Hunt Said:

    “Too bad he’s out of luck in Europe with his CDMA Blackberry?” dude get your facts straight. He’s on Verizon because hour wants the best coverage in North America where he lives and that my friend is CDMA/EVDO. Furthermore, he’s also using the 8830 which has both CDMA and GSM!

    Then you come along and say a comment which has nothing to do with my correct assessment in that he can in fact use his present 8830 in Europe

    4. On Apr 5, 2009 @ 9:56 am, backbeat Said:

    ^Grow up, child.

    Since no one has any confirmed information on any change of BB models Obama is using since being elected, it -was- confirmed prior to the election that he was solely using an 8700-series.

    NO ONE HAS ANY CONFIRMED INFORMATION ON ANY CHANGE OF BB MODELS?

    What the fuck were the links that I posted? Something out of my ass? Uhhh…it looks to me that there are in fact CONFIRMED INFORMATION of his change over to the 8830 POST FUCKING ELECTION.

    Get a grip backbeat…just be a man or shemale or what ever you are and take it up the ass ’cause you just got seriously bitch slapped and then some!

  • backbeat

    Muppets are just so cute at your age.

    Happy Spring Equinox.
    :)

  • MH & HD

    Wow…muppets eh? I guess you’ve accepted defeat as in (Being Bitch Slapped). Hope you have you have your lube ready…better yet, don’t use any so you can feel the pain.

    You’re pathetic!

  • backbeat

    ^All this unresolved, uncontrollable rage and hate. If you’re interested in a psych referral, I can help. I can open the door to better mental health for you, but have to be willing to accept responsibility by walking through it on your own. You can thank me later. :)

  • MH & HD

    Unresolved hate? I think not…its you that needs professional help. Don’t believe me, look at your history of rage/trolling/i’m right and you’re wrong, na na na na na naaaaa…attitude against the countless other posters.

    History and facts speak for themselves. You are one seriously hated poster on BGR.

    Shall I list as much as can possible all your heated troll sessions against the others? Type in Google with “backbeat and boygeniusreport.com”

    Wow…simply amazing at how so much hate against you because of your stupid antics and trolling.

    If you were truly adult as you say…it takes an adult to say “yes you are correct in that Obama does in fact presently use the world 8830 gsm/cdma blackberry. He can in fact use it Europe…

    Hey…you are correct because there is TRUE CONFIRMATION about his upgrade from the old 8700 to the 8830.

    But no…you just wanted to be a smart ass. Oh well, what comes around goes around.

  • http://Pelmorex.com Pelm

    Hi, Anyone know RIM’s subscriber base in Canada?

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