RIM Press Release: RIM Reports Year-End and Fourth Quarter Results for 2011
RIM releases their reported fourth quarter results today for the the three months and fiscal year ended Feb 26, 2011. Here are a few of the highlights from the press report:
• Record BlackBerry® smartphone shipments of 52.3 million grew 43% over fiscal 2010
• Fiscal 2011 revenue grew 33% over fiscal 2010 to $19.9 billion and earnings per share grew 47% over the prior fiscal year to $6.34 per share diluted
• Ongoing investment in PlayBook and QNX-based platform development in Q1 with PlayBook launch date of April 19th
• BlackBerry was the number one selling smartphone brand in the United States1, Canada1, Latin America1 and the UK2 for calendar 2010
“We are pleased to report record shipments and financial performance in fiscal 2011," said Jim Balsillie, Co-CEO at Research In Motion. "As we enter fiscal 2012, RIM is in an excellent position to benefit from the continuing convergence of the mobile communications and mobile computing markets. We are laying a strong foundation for RIM's expanding market opportunity through focused investments and we are extremely excited about our smartphone, tablet and platform roadmaps."