RIM’s Q3 revenue doubled from last year

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Simon Sage
on December 21, 2007, at 8:29 am
in News and Spotlight
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RIMThe results are in, and they’re peachy as ever. Revenue was up 22% from last quarter to $1.67 billion, with $1.8 - $1.87 billion forecasted for next quarter. RIM’s stock has been enjoying a jump, having climbed $12.12 to $119.11 in early trading. 1.65 million new subscribers came in and 3.9 million devices shipped out during the 3 months leading up to December 1st. With such good news, we can brush off the iPhone a little more soundly, along with their 1.1 million units sold last quarter.

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