BlackBerry maker Research In Motion (RIM) today reported a huge increase in first quarter sales from £546m last year to £1.13bn this year.
Approximately 5.4m devices were shipped in Q1 with 2.3 million net new BlackBerry subscriber accounts added taking the total worldwide BlackBerry subscriber account base to over 16 million.
The results for the three months ended 31 May show a 19% increase in previous quarter sales giving a net income for the quarter of £243 million.
Roughly 82% of the revenue taken was for devices, 13% for service, 3% for software and 2% for other revenue.
Jim Balsillie, Co-CEO at Research In Motion said: ‘We are pleased to report another record quarter with revenue increasing 107% as the popularity of the BlackBerry platform continued to spread in business, government and consumer segments.
‘Our comprehensive technology and business strategies continue to reap strong results in the market and RIM is well positioned to build on its momentum throughout the remainder of fiscal 2009.
‘As we prepare this summer to ship our 40 millionth BlackBerry smartphone, we continue to steadily scale our business and partnerships to support the opportunities ahead in this thriving sector.’