RIM Q3 results: Ships 14.1 million BlackBerry smartphones, and approximately 150,000 BlackBerry PlayBook tablets

Waterloo-based Research In Motion has reported their Q3 Fiscal 2012 Results . It was known that they would miss their targets and today the official numbers have been announced. Echoing what they announced a couple weeks back the company shipped 14.1 million, which is up 33% from Q2 (10.6 million), plus also shipped 150,000 BlackBerry PlayBook tablets. In addition, RIM reported revenues of $5.2 billion (up 24% from last quarter of $4.2 billion). The total worldwide subscriber base has increased 35% from last year to 75 million.

So this now takes total BlackBerry smartphone shipments to 37.9 million units (13.2 million in Q1, 10.6 million in Q2, and 14.1 million Q3). RIM noted in their press release that they expect to ship “between 11 million and 12 million units”. As for the PlayBook, RIM’s tablet has amassed numbers of 850,000 (Q1 had 500,000, Q2 had 200,000, and 150,000 in Q3)

Jim Balsillie and Mike Lazaridis, Co-CEOs at Research In Motion, said “Despite the challenges faced in the third quarter, the BlackBerry subscriber base grew to almost 75 million customers around the world. In addition, RIM launched a range of new BlackBerry 7 based smartphones globally and introduced holiday promotions that helped drive growth in the installed base of BlackBerry PlayBook users… As part of our commitment to improving our performance to better meet the expectations of shareholders and customers, we continue to evaluate ways to improve in several areas of the Company’s operations. It may take some time to realize the benefits of these efforts and the platform transition that we are undertaking, but we continue to believe that RIM has the right set of strengths and capabilities to maintain a leading role in the mobile communications industry.”

Update: On the conference call Jim Balsillie stated that he and Lazaridis will have their salary reduced to $1/year.

Update #2: RIM says that BlackBerry 10 (BBX) devices will come “in latter part of calender 2012”, will be dual-core and LTE. Audio will be up shortly.

Source: MarketWire

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