BlackBerry Sales Jump
BlackBerry maker Research in Motion Thursday posted a 31 percent increase in revenue over the same time last year, as shipments of the company's smartphones jumped 45 percent.
The Canadian mobile giant released the new BlackBerry Torch during the quarter.
"RIM set another new record in the quarter by shipping over 12 million BlackBerry smartphone," co-CEO Jim Balsillie siad as part of the announcement. This accomplishment and RIM's solid financial results during the second quarter were driven by effective business execution and strong demand for RIM's portfolio of BlackBerry smartphones and services in markets around the world."