RIM Q3 Results: Record 14.2 BlackBerry Smartphones shipped

Who says BlackBerry is dying? Waterloo-based Research in Motion has reported “record third quarter results” and from their press release here are the key points:

– Record 14.2 BlackBerry smartphones shipped (up over 40% from the same quarter last year)
– Revenue breakdown for Q3: 82% for devices, 15% for service, and 3% for software & other revenue.
– Revenue grew 40% over the same quarter last year to $5.5 billion
– Revenue for the Q3 of fiscal 2011 was $5.49 billion up 19% from $4.62 billion in the previous quarter and up 40% from $3.92 billion in the same quarter of last year.

Jim Balsillie, Co-CEO at Research In Motion stated “We are pleased to report another record quarter with strong growth in shipments of BlackBerry smartphones leading to record revenue, subscriber additions and earnings. RIM’s business continues to grow and diversify as BlackBerry adoption accelerates in markets around the world. With strong results and momentum from our recent product introductions, as well as growing excitement from our partners and customers around upcoming smartphone, tablet, software and service offerings, we are setting the stage for continuing success.”

Good numbers with all the manufacturer competition… bring on the PlayBook!

Source: MarketWire
Via: CrackBerry