Verizon BlackBerry Curve Doing Better Than Analysts Predicted

Even though RIM will soon announce last quarters results, this quarter is turning out to be a pretty good one thanks to strong sales of the Verizon BlackBerry Curve. “RIM should see sales drive RIM’s (RIMM) Q1 net subscriber additions to 2.3 million, ahead of its 2.2 million guidance.

Lehman Brothers analyst Jeff Kvaal says that strong sales from Verizon and expected strong sales from AT&T should drive strong sales in the second half of the year. Kvaal has raised is his fiscal 2009 EPS estimate from $3.61 to $3.85.

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Written by Robb Dunewood on June 18th, 2008 with no comments.
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