RIM is screwed

Revenue for the first quarter of fiscal 2013 was $2.8 billion, down 33% from $4.2 billion in the previous quarter and down 43% from $4.9 billion in the same quarter of fiscal 2012. The revenue breakdown for the quarter was approximately 59% for hardware, 36% for service and 5% for software and other revenue. During the quarter, RIM shipped 7.8 million BlackBerry smartphones and approximately 260,000 BlackBerry PlayBook tablets.

Just brutal.



4 thoughts on “RIM is screwed”

  1. Some cell/cable providers offered them “free” as a bonus for a cell/cable contract.

  2. Also “shipped” doesn’t necessarily mean “sold.” Many might have been warehoused by retailers to inflate sales figures.

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