The critics are quick to say that Research In Motion’s BlackBerry platform won’t stand up to the test of time, but it didn’t fall down in the past quarter.
In the company’s second fiscal quarter, revenues jumped 31 percent to $4.62 billion compared to the year-ago period. RIM (NSDQ: RIMM) sold 12.1 million devices, another record and earned $796.7 million, or $1.46 a share diluted to beat analyst expectations of $1.36 a share on revenues of $4.49 billion, according to estimates from FactSet Research.
BlackBerry sold 12.1 million devices, representing an increase of over 45 percent compared to the year ago period. The company now has a base of 50 million subscribers.
The company’s strong performance likely had little to do with the new BlackBerry Torch, which has a touchscreen and the latest operating system. The phone is only available through AT&T (NYSE: T) and reactions have been mixed so far. In a release, Jim Balsillie, Co-CEO at Research In Motion, said: “We expect a continuation of this momentum in the third quarter as we extend the rollout of new products including the BlackBerry Torch into additional markets and benefit from heavy promotional activities and increasing customer demand as we head into the holiday buying season.”
The company’s stock, which has been battered by analyst downgrades over the past few months, rebounded today climbing 2.13 percent, or 97 cents, to close at $46.49. In early after-hours trading, the stock continued to rise, trading up 8.2 percent to $49.80 a share.

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