RIM has posted some predictably excellent figures for Q2. Revenue for the second quarter of fiscal 2008 was $1.37 billion, up 27% from the previous quarter and up 108% from the same quarter of last year. The revenue breakdown for the quarter was approximately 78% for devices, 15% for service, 4% for software and 3% for other revenue. RIM have added around 1.5 million new BlackBerry subscribers and in total shipped over 3 million new devices. All of this puts the total number of BlackBerry users up to around 10.5 million.
“RIM’s second quarter results were exceptionally strong on all metrics including revenue, subscriber account additions and net income,” said Jim Balsillie, Co-CEO at RIM. “This growth is fuelled by the depth of the BlackBerry product portfolio and the continued diversification of our business across market segments and geographies. With over ten million BlackBerry subscriber accounts we are pleased with our position in the market today and we expect recent product and market initiatives to extend our business momentum through the remainder of the fiscal year.”
Income for the quarter was $287.7 million, or $0.50 per share diluted, compared with net income of $223.2 million, or $0.39 per share diluted, in the prior quarter and net income of $140.2 million, or $0.25 per share diluted, in the same quarter last year.