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RIM Q2 2011 Profit Way Down With 200.000 Playbooks Shipped

Written by Todd Schneider. Posted in Blackberry, News

Tagged: , , , , , , , , , , , , , ,

Published on September 17, 2011 with No Comments

Once again RIM’s quarterly financial report is gloomy and they reported that only 200,000 PlayBooks were shipped during the quarter. These numbers are lower than projected but RIM predicts that it will see an uptick in sales with the upcoming release of the PlayBook 2.0. The PlayBook 2.0 will come with built in email, BlackBerry Balance, Android support, and an improved browser. RIM co-CEO Mike Lazaridis states it’ll, “ultimately be successful” in a market which is still “in its infancy.” Overall for RIM revenue for the second quarter was $4.2 billion which is 15 percent lower than the first quarter but income decreased by 47 percent since the first quarter.

To date BlackBerry 7 phone shipments have done well with 10.6 million handsets being distributed over the quarter. Still that is still 2.6 million headsets less that the first quarter. Lazaridis stated that it is the “largest and most successful” launch in RIM’s history.

Q3 predictions by RIM are positive and they predict that the Bold 9900 and other BlackBerry 7 handsets will sell between 13.5 and 14.5 million units worldwide.

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