BlackBerry Trumps iPhone in Recent Sales

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Research in Motion delivered a blow to high flying Apple, announcing it shipped 14.2 million BlackBerry smartphones in its recent quarter, beating Apple which shipped 14.1 million.

BlackBerry Sales Top iPhone Sales--RIM's BlackBerry TorchThe company surpassed analyst expectations in both profits and shipments, in a welcome bit of good news for a company that has been losing market share in smartphones to competitors like Apple.

RIM’s revenue for its fiscal Q3 was $5.49 billion, up 40 percent from the same quarter of last year. Net income was $911.1 million, up from $628.4 million last year.

RIM’s stock jumped about 2 percent on the news, said Fierce Wireless. But not all is rosy for RIM.

While worldwide shipments are up, U.S. shipments have been in decline for a year and fell 16 percent this recent quarter, reports The Wall Street Journal citing GMP Securities. The sluggish U.S. sales occurred despite the launch of the Torch using a completely new OS.

Also, while RIM shipped 14.2 million BlackBerrys, wireless carriers only sold thorugh 12.3 million.

Then again, on the plus side RIM is about to introduce a new PlayBook tablet and it will start making use of a new QNX operating system. And it offered fiscal Q4 guidance to sell 15 million BlackBerrys, indicating it is not worried about oversupply in the channel.

Source: Fierce Wireless, The Wall Street Journal

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