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RIM 3Q09 Earnings call

HawkeyeOC

Dec 22, 2008, 5:15 AM
Here are some of the highlights (prepared statement; investor/media Q&A):

- 6.7M units shipped in Q3
- Rate of adoption of new products stronger than expected, particularly Storm
- 4Q09 7.5-8.0M new units expected to be shipped
- 2.6M net new subscriber accounts in Q3
- Represents 14% increase in total BlackBerry subscriber base
- Bold purchasers split 50/50 between upgrades and new users
- Carriers experiencing higher than ever BlackBerry net additions
- Demand for Storm (Vodafone/Verizon) much stronger than expected
- 21NOV08 highest number of net new subscribers in RIM history
- Storm overwhelmingly attracting new subscribers
- 75% of Storm purchasers are new BlackBerry users
- Storm is Verizon's best-selling device
- Produ...
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