Research In Motion Ltd., maker of the BlackBerry e-mail phone, climbed the most in four months after saying subscriber gains in the current quarter will exceed its original projection by as much as 20 percent.
Customer gains will amount to as much as 2.18 million instead of the 1.82 million the company predicted in December. Total subscribers will climb to about 14 million by the end of the quarter, Waterloo, Ontario-based Research In Motion said today in a statement.
The BlackBerry sold better than expected over the holidays, winning corporate and consumer clients, Co-Chief Executive Officer Jim Balsillie said in the statement. New models with video and music players fended off competition from Apple Inc.'s iPhone and e-mail devices from Nokia Oyj and Motorola Inc.
Customer gains will amount to as much as 2.18 million instead of the 1.82 million the company predicted in December. Total subscribers will climb to about 14 million by the end of the quarter, Waterloo, Ontario-based Research In Motion said today in a statement.
The BlackBerry sold better than expected over the holidays, winning corporate and consumer clients, Co-Chief Executive Officer Jim Balsillie said in the statement. New models with video and music players fended off competition from Apple Inc.'s iPhone and e-mail devices from Nokia Oyj and Motorola Inc.
Motion Ltd., makers of the BlackBerry phone claim that the phone sold better than they had expected and predict that subscribers will reach 14 million by the end of the quarter. The BlackBerry had the most United States shipments with 41 percent market share, while Apple's iPhone had 28 percent and Palm Inc., maker of the Treo, had 9 percent. As the testaments about the company's good services grow, so are their buyers. This article relates to economics because it deals with supply and demand and expansion of a company.
Please grade this.
No comments:
Post a Comment