RIM (Blackberry) Rocks Q1
The NHL may not want Research in Motion co-CEO Jim Balsillie as a franchise owner but consumers clearly want/need the Blackberry.
The company announced a 73% jump in fiscal first-quarter profits to $223.2-million while revenue soared 76% to $1.08. The results blew away the expectations of analysts, which prompted RIM shares to soar 17% in after-hours trading. “The numbers were absolutely awesome,” said Peter Misek, an analyst at Canaccord Capital Corp., told Bloomberg. “Technologically, nothing compares to their devices.” RIM shipped 2.4 million devices in the quarter and added another 1.2 million users.
The results are obviously stunning, and demonstrate the Blackberry and its newest iterations such as the Pearl and 8800. And, at the very least, it shows that the Blackberry has a very solid foothold in the market with the iPhone poised to hit the market today.
Speaking the iPod, a must-see video is the NYT’s David Pogue. It’s not only funny but it makes you want an iPod even if you’re one of those fence-sitters like me. As well, here’s a video interview with the guy who’s the first line at the Apple store in NYC. And if you want more iPhone stuff, here’s an interview that USA Today did with Steve Jobs and AT&T’s Randall Stephenson.
