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RIM posts Q4 results, picked up 3.9 million new customers

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RIM posts Q4 results, picked up 3.9 million new customers Research In Motion has just posted their Q4 year end results and are showing some significant gains. In total, RIM was able to sell over 26 million BlackBerry handsets over the course of 2009 with about 7.8 million in the fourth quarter alone.

“We are very pleased to report another record quarter with standout subscriber growth that speaks volumes about the early success and momentum of our new BlackBerry products,” said Jim Balsillie, Co-CEO at RIM

In addition to the number of handsets sold, the fourth quarter resulted in 3.9 million new customers for RIM. As for revenue, RIM saw a 24.5-percent increase as compared to the previous quarter, which means they recorded an increase from $2.78 billion to $3.46 billion in revenue for Q4. The press release also shows that they were at $1.88 billion in the fourth quarter during the previous year, which translates into being up 84-percent in just one year.

While we hear about recession and decreased spending almost daily, it seems that RIM is still selling plenty of BlackBerrys.

Read [RIM]

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