IntoMobile

Breaking news, information, and analysis on the latest mobile phones and mobile technology

Open NavigationOpen Search
  • Home
  • Platforms
    • iOS / iPhone OS
    • Android
    • Windows Phone
    • BlackBerry OS
  • Hardware
    • New Hardware
    • Tablets
    • Reviews
    • Rumors
  • Carriers
    • AT&T
    • Sprint
    • T-Mobile
    • Verizon
  • Manufacturers
    • Apple
    • Samsung
    • HTC
    • LG
    • Motorola
  • Best VPNs
  • Best AI Tools

RIM expects lower profits despite BlackBerry Storm success

December 3, 2008 by Will Park - 1 Comment

Share on Twitter Share on Facebook ( 0 shares )

The BlackBerry Storm, with its click-able SurePress touchscreen, has generated some serious sales for Research In Motion. RIM saw record one-day BlackBerry subscriber add with the launch of the Storm, and has since seen weekly subscriber records. But, despite the Storm’s success, RIM has lowered their financial outlook for the third quarter.

RIM has announced that it expects Q3 revenue to hit somewhere between $2.75 billion and $2.78 billion, down from the earlier projection of $2.77 billion to $3.10 billion. Furthermore, net subscribership to RIM’s BlackBerry service is now expected to hit 2.6 million new users, dropping from the 2.9 million subscribers expected previously.

RIM co-CEO points to “product launch timing, general economic conditions and foreign exchange volatility” as reasons for his company’s lower third quarter expectations.

[Via: MocoNews]

Share on Twitter Share on Facebook ( 0 shares )

Back to top ▴

Back to top ▴

Follow IntoMobile

38k
36k
4k
13k
12k

Most Recent Posts

  • Honor Magic 9 series could be first regular Honor phone with AI stylus
  • Xiaomi Mix Fold 5 leaked specs suggest price jump and major camera upgrade
  • Vivo X500 specs leak reveals Dimensity 9500 chip and massive 7,500mAh battery
  • AT&T launches $3 unlimited iPad data passes for short-term use
  • Honor introduces virtual permissions to shield user data from apps

Get Updates Via E-Mail

  • This field is for validation purposes and should be left unchanged.

About IntoMobile

  • About IntoMobile
  • Contact IntoMobile
  • Send us News Tips
  • Privacy Policy

Social Links

  • IntoMobile on Facebook
  • IntoMobile on Twitter
  • IntoMobile on Google+
  • IntoMobile on YouTube

Copyright © 2006-2021 IntoMobile. All rights reserved.