Research In Motion reported revenues for its fiscal second quarter to August up 31 percent year-on-year to USD 4.62 billion. Earnings per share increased 76 percent to USD 1.46. The number of BlackBerry phones shipped rose 45 percent from a year ago to 12.1 million, taking total shipments to date to 115 million. The number of BlackBerry subscriber accounts was up 56 percent year-on-year and by 4.5 million in the quarter, to over 50 million. RIM said it expects the momentum in results to continue in Q3 as it takes new products such as the Torch to new markets and starts spending on marketing ahead of the holidays. The group finished August with just over USD 2.0 billion in cash, after operating cash flow of USD 938 million in the three months. Revenues for Q3 are forecast at USD 5.30-5.55 billion, with a gross margin of 42 percent. EPS is estimated at USD 1.62-1.70.
