Research in Motion reported 2nd quarter fiscal 2010 results yesterday after the close of business. Revenue was $3.53 billion, up 3% from $3.42 billion in the previous quarter and up 37% from $2.58 billion in the same quarter of last year and RIM shipped about 8.3 million devices.
Research in Motion co-CEO, Jim Ballsillie said ,”We are pleased to report a strong second quarter with excellent financial performance, successful product launches and accelerating growth in international markets and new market segments“.
Ballsillie also said that that earnings fell about 4% and RIM’s stock price (ticker RIMM) had been spiraling downward in after hours trading ever since. Analysts have, pretty much downgraded the stock across the board. At the time of this posting RIM’s stock price is down over 9 bucks at $73.73. It closed yesterday at $83.06.