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Research In Motion Limited (RIM), a world leader in the mobile communications market, released their third quarter results. Revenue for the third quarter of fiscal 2012 was $5.2 billion, up 24% from $4.2 billion in the previous quarter and down 6% from $5.5 billion in the same quarter of last year. 
The revenue breakdown for the quarter was approximately 79% for hardware, 19% for service and 2% for software and other revenue. During the quarter, RIM shipped approximately 14.1 million BlackBerry smart phones and approximately 150,000 BlackBerry PlayBook tablets.


Highlights: 

* Revenue of $5.2 billion, up 24% from last quarter 
* BlackBerry smartphone shipments of 14.1 million, up 33% from Q2 
* GAAP net income of $265 million or $0.51 per share diluted; adjusted net income of $667
million or $1.27 per share diluted 
* Subscribers up 35% year-over-year to almost 75 million 
* Cash flow from operations of approximately $895 million 
* Total of cash, cash equivalents, short-term and long-term investments of $1.5 billion 
Click Here to Download a press release from RIM.