April 12th, 2007
BlackBerry now has eight million users on $3 billion in revenue
BlackBerry-maker Research In Motion has posted fourth quarter fiscal year 2007 revenue of $930.4 million, an increase of 65.7 percent from $561.2 million in the fourth quarter of fiscal 2006.
These results are preliminary, pending results of ongoing investigations related to options grants practices.
The company says that net income increased to $187.9 million, or $1.01 per share, nearly $12 million more than the $176.0 million, or $0.95 per share, in fiscal 2006.
Total revenue for the year was $3 billion, compared to $2 billion fiscal 2006. Total accounts are now pegged at 8 million.
More details, including the full earnings report, can be found here.
Russell Shaw is an enterprise computing journalist, analyst and author based in Portland, Oregon. See his full profile and disclosure of his industry affiliations.
