Research in Motion Reports First Quarter Results

By AllBlackBerry on 29 Jun 2007 03:33 pm EDT
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Results!RIM announced their quarterly results yesterday and oh my, everyone is excited. The stock opened up over 18% from yesterday’s close.

Revenue for the first quarter of fiscal 2008 was $1.082 billion, up 16.3% from $930.4 million in the previous quarter and up 76.5% from $613.1 million in the same quarter of last year.

In addition to completing their first billion dollar quarter, the total number of BlackBerry subscriber accounts in the quarter increased by approximately 1.2 million to over 9 million total subscriber accounts.

I’d like to extend a big hearty welcome to all those new BlackBerry owners! Come by our site, say hello, and stay awhile!

## This Article Was Originally Published on AllBlackBerry.com

Topics: News & Rumors

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Research in Motion Reports First Quarter Results

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