355K BlackBerry Subscribers

RIM reported their Q1 numbers today beating analysts expectations. RIM had a net loss of 14 cents per share, analysts were expecting a 19 cents per share loss. RIM plans to return to profitabilty by Q4. Their recently updated product line for 2.5G networks should help to some degree. As competition from other devices grows they need to quickly grow their subscriber base into the millions. At the moment they only have 355,000 BlackBerry subscribers.

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