Cable / Telecom News

RIM sees revenue growth slow to 3% for Q2

WATERLOO, ON - BlackBerry maker Research In Motion (RIM) saw a 3% increase in revenues for its second quarter of 2009, and a 37% jump in its year-over-year figures.Revenue for the quarter ended August 29, 2009 was US$3.53 billion, up from $3.42 billion last quarter, which was broken down as approximately 81% for devices, 14% for service, 2% for software and 3% for other revenue.  Net income dropped 4% to $475.6 million, compared with $495.5 million last year.RIM said that it shipped approximately 8.3 million devices during the quarter and added approximately 3.8 million net new BlackBerry subscriber accounts, bringing its...