RIM reports revenue up 66 percent over last year

Filed under: RIM, Misc
RIM, -- previously known as NTP's patent punching bag -- seems to have clawed its way out of the misery that was last year and is showing some signs of a pleasant recovery. The Canadian messaging monster is reporting preliminary earnings in the 4rth quarter of $930.4 million, up 66% from the same quarter last year -- though we suspect that the $612.5 million payout to NTP is reflected here. Year totals are equally impressive with sales of $3 billion, which is up a booming 47 percent. Aside from the financial mumbo jumbo, what really caught our eyes is the addition of 1.02 million new subscribers (in this quarter alone) giving RIM a fat total of 8 million happy messaging enthusiasts. In the spirit of keeping things moving on the Blackberry front, what we really need to see now is some WiFi goodness in a handset, mmmkay RIM?
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