Blackberry: “iPhone? iPhone who?”; RIM earings double
Written by admin on April 4th, 2008 in Gadgets and Devices.
RIM has got to be feeling pretty good this morning. Despite the competition from the plethora of smartphones on the market, the company managed to up its subscriber count by 2.2 million in the companies Q4 (ending March 1). This is an impressive feat for 3 main reasons:
- RIM did not introduce any new devices during this quarter.
- The economy isn’t doing RIM any favors
- The iphone still gets mentioned a bazillion times a day in free advertising (thanks in part to me)
The company reported sales of $1.88 billion, up 108% from last year (and continues better than expected results). Still, RIM manages to add and expects to add another 2.2 subscribers in the first quarter. And what’s more, it plans to do that without help from another major new device other than those already mentioned.
RIM is the smartphone market top banana with 41% of the market tied up. It will be great to see how the maker reacts, if at all, to iPhones business-forward tweaking expect in “months”.
Read [CNN Money]
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