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Electronics Production | September 21, 2010

RIM: 12M devices sold during 2Q

Canada-based Research in Motion has sold 12 million devices during its fiscal 2Q/2011. BlackBerry smartphone shipments grew more than 45% Y-o-Y.
Revenue for fiscal 2Q/2011 stood at USD 4.62 billion, up 9% (sequentially) from USD 4.24 billion and up 31% (Y-o-Y) from USD 3.53 billion. The revenue breakdown for the quarter was approximately 79% for devices, 17% for service, 1% for software and 3% for other revenue. During the quarter, RIM shipped approximately 12.1 million devices.

"RIM set another new record in the quarter by shipping over 12 million BlackBerry smartphones. This accomplishment and RIM’s solid financial results during the second quarter were driven by effective business execution and strong demand for RIM’s portfolio of BlackBerry smartphones and services in markets around the world", said Jim Balsillie, Co-CEO at Research In Motion.

Research in Motion has partnered with EMS-providers Flextronics and Celestica for the production of its Blackberry smartphones.

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