Research In Motion announced its latest financial results last night, and on the surface they seem pretty good. The company shipped 11.2 million BlackBerrys in Q1, including its 100 millionth ever. Revenues were up 24% to $4.24 billion, net income was up 20% to $768.9 million, and the company added 4.9 million net new BlackBerry subscribers during the quarter. Yet the figures didn’t meet analyst projections, sending RIM’s shares falling by 3.7% in the hours following the announcement.
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Posted in • Facts & Figures
