Revenues and profits up in first quarter at Research In Motion

WATERLOO – Revenue increased 19% to $2.24 billion as net income rose to $482.5 million from $223.2 million in the first quarter ended May 31 from the same quarter a year earlier at Research In Motion Limited. The revenue breakdown for the quarter was approximately 82% for devices, 13% for service, 3% for software and 2% for other revenue. During the quarter, RIM shipped approximately 5.4 million devices. Approximately 2.3 million net new BlackBerry subscriber accounts were added in the quarter. At the end of the quarter, the total BlackBerry subscriber base was over 16 million. “We are pleased to...