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Research In Motion (RIM) shipped 14 million smartphones last year, including a record high 4.4 million in the fourth quarter, the company said Wednesday.
The popular BlackBerry maker said it added about 2.18 million new BlackBerry subscribers in its fiscal fourth quarter, which ended March 1, bringing total subscribers to just over 14 million.
The figures showed BlackBerry is not yet being impacted by credit and economic woes in the U.S. The company's fourth quarter revenue more than doubled compared to a year ago to US$1.88 billion as its net profit soared 120 percent to US$412.5 million.
"We did not see any evidence of a slowdown in our enterprise business outside of normal seasonal trends," said Jim Balsillie, co-CEO at RIM, in a conference call.
The results and a rosy outlook from the company sent its shares up 4.7 percent in after-market stock trading to US$121.25 per share.
RIM forecast its subscriber numbers will rise by 2.2 million in the current quarter, which ends May 31, and its revenue will rise to between US$2.23 billion and $2.30 billion, higher than the quarter reported on Wednesday.
The company's results and outlook paint a far better picture of the mobile phone market than for other companies in the business.
Last month, Sony Ericsson warned it saw slowing market growth for mid-to-high end mobile phone sales in Europe. The company reduced its sales forecast for the first quarter, which ends March 31, to below that of the first quarter last year.
Texas Instruments, the world's second largest maker of mobile phone chips, also last month reduced its sales and net profit forecasts for the first quarter, which ended March 31, saying it saw slower orders for chips used in high-end mobile phones.
The statements stoked fears of a slowdown in mobile phone sales caused by global economic woes.
RIM said it saw the greatest market strength for its handsets in North America.
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Computerworld Live Podcast #97: The Future of Enterprise Networking 25/07/2008 09:45:36
This week CW Live chats with Mark Thompson, global sales and marketing manager for HP ProCurve, on the future of the enterprise networking. Mark discusses the trends we can expect to see in the near future and how the right infrastructure can ensure your enterprise network is secure. - +
Computerworld Live Podcast #96: Security at the Edge 11/06/2008 09:22:22
CW Live speaks with Amol Mitra, HP ProCurve Director of Marketing for Asia Pacific and Japan. Today's topic: how enterprises are starting to shift away from simply controlling security via server logins, firewalls and moving to more adaptive security frameworks. - +
Data Management Edition #10: Multi-Petascale Systems 02/05/2008 09:12:33
This week we look at sustainability and the development of multicore technologies to build multi-petascale systems. - +
IT Security Edition #11: How to poison the Storm botnet 01/05/2008 08:51:55
This week CW Live presents a case study on how to poison the notorious Storm botnet . Plus we take a look at Cisco's plans for Ironport. - +
IT Security Edition #10: Cyber-battles fought and won 24/04/2008 11:09:47
Vendors bow to end user pressure to improve product security, and we take a look at the latest concepts shaping the cyber-battlefield of the future.
Australian SMBs Love of Mobile Phones and Increased Data Speeds Will Drive Mobile Spending Higher, Finds IDC 2008-10-08 10:21:00+10
VeCommerce Launches Top Ten List of Personal Security Breaches In Lead Up to National ID Fraud Awareness Week 2008-10-07 15:10:00+10
Multimedia Technology signs exclusive National distribution agreement with Freecom 2008-10-07 14:30:00+10
Open Text: Upheaval in the Financial Markets Sharpens the Focus on Information Governance and Enterprise 2008-10-07 13:19:00+10
Symantec State of Spam Report - October 2008 2008-10-07 11:58:00+10
Email Archiving 101—Customer Case Study
Join Lee Benjamin, a Microsoft Exchange MVP and Ryan Shipkowski, network administrator for Matthews, to discuss the process and ROI of implementing an email archiving solution, with emphasis on a case study from Matthews International.











