BlackBerry maker harvests 57% rise in profits


BlackBerry maker harvests 57% rise in profits

Antony Savvas

RIM, the manufacturer of the BlackBerry push e-mail mobile device, has posted a 57% jump in second-quarter profits as it fights off increasing competition in the market.

Net profits at RIM for the quarter to 31 August were $111m (£65m). The company's total sales for the period were $490m, which was up 58% on the same quarter last year.

RIM said it had added an extra 620,000 BlackBerry subscribers in the quarter, bringing the total of users to 3.65 million worldwide.

Businesses that have equipped their staff with BlackBerry devices also buy e-mail server software from RIM to enable employees to access their messages and other applications.

A number of smaller rivals offering push e-mail solutions to businesses have sprung up in the last 18 months. Microsoft is also developing its Exchange server collaboration platform to take business away from RIM.

Email Alerts

Register now to receive IT-related news, guides and more, delivered to your inbox.
By submitting your personal information, you agree to receive emails regarding relevant products and special offers from TechTarget and its partners. You also agree that your personal information may be transferred and processed in the United States, and that you have read and agree to the Terms of Use and the Privacy Policy.

COMMENTS powered by Disqus  //  Commenting policy