RIM earnings surge during fourth quarter
Research in Motion's BlackBerry business is chugging along, and the company has the money to prove it.
RIM reported fourth-quarter earnings Wednesday after the close of the stock market, and the numbers were good. The company took in $1.9 billion in revenue, more than double last year's fourth-quarter haul of $930.4 million. And it had $412.5 million left over in profits, equal to 72 cents a share in earnings and two cents better than what Wall Street analysts were expecting.
The company shipped 4.4 million smartphones during the quarter, and 14 million for the … Read more