RIM BlackBerry Sales Up, Almost Doubles Q4 Revenue From Last Year

From DailyTech: In a sign that the economy may be improving, Research In Motion, the makers of BlackBerry smartphones, has announced record sales and revenue for the fourth quarter of their fiscal year ending February 28, 2009.

RIM shipped approximately 7.8 million BlackBerry devices in the fourth quarter and approximately 26 million devices during fiscal 2009. Around 3.9 million net new BlackBerry subscriber accounts were added. As of the end of February, the total number of BlackBerry subscriber accounts was approximately 25 million.

Revenue from the fourth quarter of fiscal year 2009 was $3.46 billion. This is up 24.5% from $2.78 billion in the third quarter, and up an astounding 84% from $1.88 billion in the same quarter of last year.

Net income for the fourth quarter was $518.3 million, or $0.90 per share diluted, compared with net income of $396.3 million, or $0.69 per share diluted, in the prior quarter and net income of $412.5 million, or $0.72 per share diluted, in the same quarter last year.

The revenue breakdown for the quarter was approximately 83% for devices, 12% for service, 2% for software and 3% for other revenue.

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