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profits

RIM kills Q3, profits up 59%

December 18th, 2009

Yesterday Research In Motion released its third quarter results, and what results they were.  The BlackBerry maker reported selling a record breaking 10 million BlackBerrys in Q3, the old record, 8.3 million phones, was set in the previous quarter. Perhaps the most encouraging stat of the quarter for RIM was not how many phones it …

Apple tops Nokia in cell phone profits

November 11th, 2009

Perhaps it would be better to rename it the iPhone 3G$? Do you see what we did just there? Today, Reuters is reporting Apple overtook Nokia as the handset company with the highest total operating profit in the September quarter; the last time Nokia did not hold this title was Q3 of 2007. What does …

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 …

Microsoft reports first YoY revenue slide in company history

April 24th, 2009

This past Wednesday Apple reported a very solid quarter due to growing iPhone and iPod sales that provided enough revenue to diminish its waning personal computer sales. Unfortunately it looks like Microsoft had no such cushion. For the first time in the company’s storied 23-year history, Microsoft reported a year over year slide as Q3 …