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Dec21
RIM doubles revenue and profit, keeps the market green

As you know the stock markets aren't exactly the best place to invest your money for some profit, but today RIM and other tech companies managed to draw the whole market behind. Apparently Research In Motion (Nasdaq: RIMM) has managed to deliver great results on Wall Street in the third fiscal quarter with the astoneshing $370.5 million profit going up from $175.2 million last year.

blackberries.jpg
At the same time revnues increased from $835.1 million last year to $1.67 billion this year. I don't think Apple is going to comment on these results but the mobile phone software chart I showed you the other days and the 3.9 million handsets shipped or the 1.65 million BlackBerry subscribers may be the reasons why RIM doubled its profits and revenue.

It's a certain thing that the BlackBerry is now the most wanted business phones in the world and probably the best.

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