- The Washington Times - Thursday, April 2, 2009

NEW YORK (AP) - BlackBerry maker Research in Motion Ltd. says its profit jumped in its last quarter, surpassing analysts’ expectations. Solid demand for smart phones helped boost results despite the recession.

The company said Thursday it earned $518.3 million, or 90 cents per share, from December through February. That was up 26 percent from the same period a year earlier.

Analysts polled by Thomson Reuters had expected a profit of 84 cents per share.

The company says its sales jumped 84 percent, to $3.46 billion. This is slightly higher than the $3.42 billion that analysts were expecting.

Research in Motion says it added roughly 3.9 million new BlackBerry subscriber accounts during the quarter, bringing the total to 25 million.

Copyright © 2018 The Washington Times, LLC. Click here for reprint permission.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide