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profit

RIM and Apple hold 3% of the wireless market, 35% of profits

July 20th, 2009

Deutsche Bank analyst Brian Modoff fed some figures to the Wall Street Journal this morning and to say they speak volumes for the effectiveness of both RIM and Apple’s strategies is a gross understatement. Two companies, 3 percent of the global cell phone market, 35 percent of the operating profits. Sheesh. It’s no mystery that …

RIM's profits rose to $643mm, shipped 7.8mm devices last quarter

June 19th, 2009

Let’s face it, folks — RIM is on a tear and its Q1 2010 results are proof positive of this fact. While a tax drop might have helped propel the company’s quarterly profit to a record high of $643 million, the fact remains that things are pretty much going better than ever — especially considering …