Demand jump lifts Blackberry firm
http://news.bbc.co.uk/go/rss/-/1/hi/business/7029348.stm Version 0 of 1. Blackberry maker Research In Motion (RIM) has seen its second-quarter profits more than double on the back of surging subscriber numbers. For the three months to 1 September, the Canadian firm made a net profit of $287.7m (£141m), compared with $140.2m for the same period in 2006. RIM said the profit jump, which beat market targets, was helped by global users breaking the 10-million mark. Blackberry is the market leader in handheld e-mail devices. RIM said its revenues in the second quarter also more than doubled, reaching $1.37bn from $658.5m, as it added 1.45 million subscribers. It now expects revenues for the current quarter to pass $1.6bn. Although a Canadian company, RIM reports its results in US dollars. |