BlackBerry profits upwardly mobile


Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:"Times New Roman"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} Research in Motion, the Canadian company that makes the BlackBerry brand of smart mobile phones, has reported a 53 percent increase in profits for the three months ending 30 May.   Net income rose to $643 million for the quarter, up from $518.3 million in the previous quarter and $482.5 million in the same period a year before.   After an additional 3.8 million subscribers came on board, RIM shipped approximately 7.8 million devices during the quarter.   At the end of the quarter, the total BlackBerry subscriber account base was approximately 28.5 million.   ÔÇ£We are starting fiscal 2010 with strong financial performance and impressive market share gains, including a 55 percent share of the US smart phone market according to IDC's latest estimate," said Jim Balsillie, co-CEO at RIM.   Shares in the company fell five percent in after-hours trading, however, as its outlook disappointed investors.   For the next quarter the Canadian firm said it expected revenue to reach between $3.45 billion and $3.7 billion.     *┬á┬á┬á┬á┬á┬á┬á┬á┬á *┬á┬á┬á┬á┬á┬á┬á┬á┬á *