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Research In Motion posts strong Q2, over 12 million BlackBerrys shipped

Updated Dec 19th, 2018 6:48PM EST
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Say what you want about RIM’s hardware and operating system, for the time being they continue to bring home the bacon. Late yesterday, the Canadian mobile giant announced earnings and that a record 12 million BlackBerry smartphones were shipped in Q2 of the company’s fiscal 2011. Here are the highlights:

  • Revenue: $4.62 billion, up 31% year-over-year
  • Earnings per share: $1.46, up 76% year-over-year
  • 12.1 million smartphones shipped in Q2
  • Net income: $796.7 million

“We expect a continuation of this momentum in the third quarter as we extend the rollout of new products including the BlackBerry Torch into additional markets and benefit from heavy promotional activities and increasing customer demand as we head into the holiday buying season,” said Jim Balsillie, the company’s co-CEO. RIM’s stock price rose slightly on new of the strong earnings report (up 2% at time of publishing).

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