“Thanks to a big rise in the popularity of its Blackberry handsets, profits at RIM have grown 84% over the past three years, while its revenues have expanded 77%, and it has seen a total return of 45%.”
Can you imagine the amount of money the accessories companies are making?
I honestly think RIM has made most of its money because of us, the Kuwaitis. Purchasing the newest Blackberry as soon as it comes out whatever the price is. Could you imagine how much money the people in Kuwait selling these phones in Kuwait are making? It’s a good business…while it lasts. Wonder what the next trend will be.
Now that is a fact we were expecting! They had a lot of development in lots of countries and all the operators opening up new service, and these operators have to pay licensees per user and not just a one time! Works out perfectly for them!
I hope they keep up this pace with some high quality hand sets and better software applications to come up with!