0
Wireless

RIM reports quarterly net loss as sales fall 31%

Friday 28 September 2012 | 08:42 CET | News
Research in Motion confirmed an increase in its BlackBerry subscriber base to around 80 million at the end of August, from 78 million three months earlier. The company shipped in total 7.4 million phones and 130,000 PlayBook tablets in its fiscal second quarter. Revenue was up 2 percent from the previous quarter but was still down 31 percent from a year earlier to USD 2.9 billion, and the company reported a net loss of USD 235 million or USD 0.45 per diluted share, compared to net profit of USD 329 million or USD 0.63 per share a year ago. Excluding pretax restructuring charges of USD 136

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Research In Motion
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

BlackBerry launches new identity

Published 01 Feb 2013 13:49 CET | World
Research In Motion, known since this week under the name BlackBerry, has gone back to the drawing board in an attempt to ...

RIM posts small profit in Q3, sales down 47%

Published 21 Dec 2012 08:40 CET | World
Research In Motion reported a small profit of USD 9 million for its fiscal third quarter to 01 December, down from USD 265 ...

RIM sets BlackBerry 10 launch for 30 January

Published 12 Nov 2012 13:42 CET | World
Research In Motion announced that its long-awaited BlackBerry 10 operating system will launch on 30 January 2013. The new ...

RIM starts carrier lab tests for BlackBerry 10

Published 02 Nov 2012 10:00 CET | World
Research In Motion announced a new milestone in the long-awaited launch of its new operating system BlackBerry 10: the software ...

RIM announces BlackBerry 10 Jam World Tour

Published 19 Oct 2012 22:02 CET | World
Research in Motion has announced the BlackBerry 10 Jam World Tour for enterprise developers, which will initially roll out in ...

RIM shows off new apps for BlackBerry 10

Published 27 Sep 2012 16:04 CET | World
Research In Motion said it's seeing success with its efforts to bring developers to its upcoming BlackBerry 10 operating system. ...

RIM plans carrier tests for BlackBerry 10 devices next month

Published 26 Sep 2012 09:04 CET | World
Research In Motion will start testing new smartphones running BlackBerry 10 with operators next month, CEO Thorsten Heins said. ...