I guess this means Wall Street is back in love with RIM. They have posted some great results for this last quarter. Analysts were pretty conservative the past few weeks but the numbers RIM has posted are above even their highest expectations.
I am not much of a stock market guru but I can tell you this can only mean good things for RIM. The funny part is that analysts have been warning investors for the past few weeks not to be disheartened if RIM posts lower than expected numbers. The fact that they not only met but exceeded expectations is a a good sign of RIM’s future.
I guess all the forums are going to start getting crowded with the influx of new 1.65 million new BlackBerry subscribers. There are also 3.9 million new BlackBerry devices out in the wild since last quarter. Hopefully that will translate into a good chunk of new BerryReview readers.
These numbers truly are impressive but I wonder what they are planning on doing with that $1.67 Billion in revenue…