Although RIM just came of a massive launch of several new BlackBerry handsets, they’ve been getting severe heat over the last few months, from both shareholders and customers. Today they announced their Q2 Fiscal 2012 Results and the overall results are down once again, this time reporting revenues of 4.2 billion, down 15% last quarter and also down 10% from the same period last year. As for shipments, RIM noted that they “shipped approximately 10.6 million BlackBerry smartphones and approximately 200,000 BlackBerry PlayBook tablets”. This now brings the total for the year to 23.8 million smartphones and 700,000 Playbooks. RIM did have a highlight in the quarter though, their subscriber base now surpasses 70 million.
In the press release RIM did note that heading into Q3 they’ll continue to streamline the company and cut additional jobs, with revenue estimated to be $5.3-$5.6 billion and BlackBerry smartphone shipments to be between 13.5 million and 14.5 million units.
Jim Balsillie, Co-CEO at RIM said “We successfully launched a range of BlackBerry 7 smartphones around the world during the latter part of the second quarter and we are seeing strong sell-through and customer interest for these new products. Overall unit shipments in the quarter were slightly below our forecast due to lower than expected demand for older models. We will continue to build on the success of the BlackBerry 7 launch to drive the business as we focus our development efforts on delivering the next generation, QNX-based mobile platform next year.”
Not looking good… we need some serious QNX leaks now.
Source: MarketWire
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