Smartphones Sales: Palm’s Loss Is RIM’s Gain

RIM's latest Blackberry Storm smartphone has been selling briskly

RIM's latest Blackberry Storm smartphone has been selling briskly

Palm disclosed today to Wall Street analysts that it sold 599,000 devices last quarter, down 13 percent year over year; with smartphone-only revenues reaching $171 million, down 39 percent from the year-ago period.

During that period, the Sunnyvale, Calif. company reported a net loss of $80.2 million.

At the same time today, but across the north border, RIM said it shipped approximately 6.7 million smartphones, totaling $2.25 billion in sales.

At the end of the quarter, the total BlackBerry subscriber account base increased from the prior quarter by approximately 2.6 million (~14%) to approximately 21 million.

The Canadian maker has also pointed to strong December sales driven by new smartphones such as the Blackberry Bold and its iPhone-like Storm device.

One Response to Smartphones Sales: Palm’s Loss Is RIM’s Gain

  1. LATISHA says:

    Hello! Wonderful concept, but will this actually operate?

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