Xtreme Picks announces coverage of Research in Motion – RIM-T

April 3, 2009 - PRLog -- Xtreme Picks announces coverage of Research in Motion – RIM-T

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Research in Motion latest earning was better than expectation with an increase in market share in the mobile communications market. . http://www.xtremepicks.com believes that RIM is in a strong position to move higher and become a stronger company as the market recovers.


Latest News Release

2009-04-02 16:20 ET - News Release
Research in Motion Ltd. has provided results for the three months and fiscal year ended Feb. 28, 2009 (all figures in United States dollars and U.S. generally accepted accounting principles).
Revenue for the fourth quarter of fiscal 2009 was $3.46-billion, up 24.5 per cent from $2.78-billion in the previous quarter and up 84 per cent from $1.88-billion in the same quarter of last year. The revenue breakdown for the quarter was approximately 83 per cent for devices, 12 per cent for service, 2 per cent for software and 3 per cent for other revenue. Revenue for the fiscal year ended Feb. 28, 2009, was $11.07-billion, up 84 per cent from $6.01-billion last year. RIM shipped approximately 7.8 million devices in the fourth quarter and approximately 26 million devices during fiscal 2009. Vistit http://www.rim.net for the full release and more information on the company

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Xtremepicks.com team of excellence strives to find undervalued, good momentum stock plays. We provide financial and investor relations services for small to mid-cap stocks with weekly and special newsletters to keep you informed of the latest movers.