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No Penguins but Hot Pearl Sales

December 22nd, 2006 Posted in Main Page, Wireless/Research in Motion

Sadly, Jim Balsillie will not find Sidney Crosby or the Pittsburgh Penguins under the tree on Christmas morning but he can console himself that sales of the Blackberry Pearl are propelling Research in Motion’s sales these days. In the fiscal third-quarter, the company sold 875,000 Blackberrys - 10% higher than management expected - and sales could be close to one million in fiscal fourth-quarter. As for the latest in the “As the Penguins Turn” soap opera, hockey legend Mario Lemieux has pulled the team off the market, while the Globe & Mail reports Balsillie held talks with the NHL earlier this year about moving the franchise to Hamilton, Ont. Meanwhile, Red Herring has a story on why the Pearl has rocked while Palm’s Treo has struggled.

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