Despite of the sharks - RIM is still doing well


System outage? Emerging competition? All of those do not seem to impress RIM that have recently reported a strong Q3.

According to Engadget, the company's shipments broke the records in Q3 and the profits jumped by 59%. RIM also confirmed the earnings of $628 million off the back of a record-breaking 10 million units sold -- but the way it's making its money seems to be changing. More than 80 percent of new BlackBerry subscribers in the quarter were private customers, marking a distinct shift -- maybe not away from the corporate arena, but definitely toward embracing the consumer market.

There are analysts that predict the fall of the BlackBerry as Google Android seems to be a stronger platform and Apple's iPhone obviously makes a better entertaining job, but the same magic that made me addicted to my BlsckBerry Bold (yes, you need to read it to believe it: The Truth About The BlackBerry Bold) seems to work on everyone...


Looking ahead, the company said it expects revenue to be in the range of $4.2 billion to $4.4 billion and eps in the range of $1.23 to $1.31. Wall Street is expecting eps of $1.19 on revenue of $4.24 billion. RIM said it also expects to add 4.4 million to 4.7 million new subscriber accounts.

Google and Apple are watching closely...


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