TORONTO (AP) — BlackBerry maker Research In Motion said Thursday that third-quarter earnings jumped 45 percent as sales keep surging overseas despite tough competition in the smartphone market.
The results beat analyst expectations, and the company provided a forecast for the current quarter that also exceeded Wall Street expectations.
RIM said it shipped 14.2 million BlackBerrys in the quarter, narrowly beating Apple’s iPhone sales in its latest quarter, which ended in October. Most of RIM’s growth is now coming from markets outside the U.S., Canada and Britain, where the BlackBerry is already the business phone of choice.
The Waterloo, Ontario, company said net income was $911 million, or $1.74 a share, in the fiscal third quarter, which ended Nov. 27. That was up from $628 million, or $1.10 a share, a year earlier.
