RIM Beats Expectations
With most recent news regarding RIM being related to a string of difficult lawsuits, it’s refreshing to offer some good news. RIM beat investor estimates, and got a 22% surge in stock value today. RIM says the good performance is from increased sales as the result of the Blackberry. Cumulative Blackberry shipments for all time are just over 700,000, but RIM is now adding just under 100,000 sales each quarter.