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| Address URL | http://www.boygeniusreport.com Registered: 22-Mar-2008 |
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 Send to email | RIM doubles revenue in Q4, Year-End in BlackBerryNewsRIM |  By Jibi
el 03-Apr-2008 |
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Like many companies, Research In Motion has a fiscal calendar that does not match the natural calendar. While we aren’t the first website to break news on the earnings report given today, we felt it our obligation to our readers and to a company that has brought us so much technology over the years to report on the financial side of Canada’s very own financial behemoth (yes, that sounds rather humorous and oxymoronic).
Surprising to some and not so much to others, Research In Motion continues it’s streak of amazing reports of revenue gains. This time around, they have doubled their Q4 Fiscal revenue and their Year-End Fiscal revenue from the same periods a year ago. In the press release from Waterloo, the following figures our highlighted:
- Q4 revenue at $1.88 billion, up 102% from $930.4 million
- Fiscal revenue at $6.01 billion, up 98% from $3.04 billion last year
- 81% revenue in Q4 attributed to device sales
- 4.4 million devices shipped in Q4
- 14 million devices shipped during fiscal year
- 2.18 million new BlackBerry subscribers added in Q4
- 14 million total active BlackBerry subscribers
- Subscriber growth up 32% from Q3
In a recent conversation I had with the one and only Boy Genius (yes, he actually exists in human form), we discussed about how the coming months would be massively decisive over RIM’s short-term future. These critical months would include the coronation of the Apple iPhone into the enterprise market, as well as the potential launch of the 3G incarnation of the God device. Of course, RIM will unleash the BlackBerry 9000, but will it be too little too late, or perhaps a thunderous disappointment? Rumors are saying the BlackBerry 9000 will surface at the Wireless Enterprise Symposium with employees from RIM being allowed to carry them, a la the BlackBerry Curve at WES 2007.
Afterhours trading has RIM’s stock up over $5.00 per share, a number that should be expected to skyrocket in the morning. While we continue to hear "iPhone This" and "iPhone That", it’s amazing to see The Little Engine That Could Research In Motion keep "surviving" in record leaps and bounds.
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| RIM doubles revenue in Q4, Year-End | | Like many companies, Research In Motion has a fiscal calendar that does not match the natural calendar. While we aren’t the first website to break news on the earnings report given today, we felt it our obligation to our readers and to a company that has brought us so much technology over the years to [...] [..] Read complete article | | Published 03-Apr-2008 by Jibi in BlackBerryNewsRIM
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Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| THQ: "Fiscal Year 08 Was A Very Tough Year" [Hard Times] | | Despite reporting modest revenue growth for its 13th consecutive year, THQ reported a net loss of $35.3 million for the fiscal year ending March 2008. The company's sales totaled $1030.5 million, relatively little change from last year's $1,026.9 sales.
[..] Read complete article | | Published 06-May-2008 by Leigh Alexander in darksidersde blobFinancialhard timesIndustryNewsred faction guerillasaints row 2ThqWall-EWwe
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| eBay Beats Estimates, Outlook Only In-Line |  Ebay (EBAY): Revenue and EPS beat consensus, but outlook only in-line despite strong quarter. Core marketplace business showed good strength in listings, revenue, and GMV, but active users grew only 1% year over year. eBay needs to get this metric moving in the right direction soon, or the turnaround will not be sustainable. Business in UK and US hurt b [..] Read complete article | | Published 16-Apr-2008 by Silicon in CFOEBAYGMV
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| Joystiq | Blogger | Covers video game news from an independent, unbiased perspective
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| LIVE ANALYSIS: Cisco Revenue In Line, EPS Beats Consensus | | Summary: Revenue in line with reduced expectations: Up 10% year-over-year (below Cisco's long-term targets). This suggests that the business environment did not improve materially from a weak January. Pro forma EPS of $0.38 beats consensus by $0.02. The company's guidance for FQ4 was again weak--9%-10%--due to ongoing economic problems in the US and Europe. That said, analysts [..] Read complete article | | Published 06-May-2008 by Silicon in General
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| Sprint releases Q3 2008 results | | As has consistently been the case in recent history, Sprint’s Q3 2008 results show a decline in revenue and a loss of customers. Sprint’s overall revenue fell 12% to $8.81 billion from $10.04 billion a year ago. Sprint’s wireless service also showed a similar decline, losing 13% from last year and 3% from last quarter. [...] [..] Read complete article | | Published 07-Nov-2008 by Kelly Hodgkins in Sprint2008financialQ3quarterly resultssprint nextel
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| CBS: NCAA Tourney Traffic Doubles | | Hey, slackers, get back to work! CBS says 1.75 million unique visitors went to their NCAA March Madness On Demand video player yesterday, up 122% from the first day of the tournament last year. A "large factor" in the traffic [..] Read complete article | | Published 21-Mar-2008 by Silicon in DISYHOO
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