Research In Motion (RIM): First Quarter BlackBerry Sales Promising

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Lately it seems as if all smartphone news has surrounded HTC, Motorola and Apple, that said it seems as if RIM’s BlackBerry handsets still seem to be holding their own in the market.

Research In Motion are reporting that they have had a very solid first quarter, apparently they shipped 11.2 million devices during this quarter, which meant that they have now shipped over 100 million BlackBerry devices.

RIM’s revenue has risen to $4.24 billion, which when compared to last year’s figures shows an increase of 24%, this is particularly impressive given how Google Android has affected the market in the last year or so. All of this success has brought the company a net income of $768.9 million during this quarter.

RIM seems keen to build on this success, they believe that they have a lot of exciting smartphones on the way, including the BlackBerry Bold 9800, however I can’t help thinking that handsets such as the iPhone 4, HTC Incredible and HTC EVO 4G completely over shadow any upcoming BlackBerry handset I have seen.

Do you think that BlackBerry will still be doing this well next year? If no, what do they need to do to stay competitive?

Source: IntoMobile

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