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Record results for RIM

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Blackberry maker Research ni Motion (RIM) has completed the fourth quarter of fiscal 2011 with record smartphone shipments and financial performance.

In fiscal 2011 BlackBerry smartphone shipments grew 43%, revenue grew 33% and earnings per share grew 47% over the prior year.
The adoption of BlackBerry smartphones in international markets continues to expand and BlackBerry was named the number one selling smartphone brand for 2010 in several markets including the US, Canada, Latin America and the UK. 
Earlier this week, RIM announced that the BlackBerry PlayBook would go on sale in the US and Canada on 19 April and early reactions from customers indicate that the BlackBerry PlayBook will be well received.
RIM also made a number of BlackBerry PlayBook platform announcements that will significantly expand the application ecosystem for PlayBook.  RIM announced plans for the BlackBerry PlayBook to support both BlackBerry Java apps and Android apps, as well as native C/C++, HTML5, Flash and AIR apps.
RIM confirmed that it is working with leading gaming and application development technology providers such as Ideaworks Labs and Unity Technologies to implement their native engines and application development platforms.
Support for BlackBerry Java and Android apps on PlayBook is expected to be available from BlackBerry App World later on this year.
Revenue for the fourth quarter of fiscal 2011 was $5,6-billion, up 36% from $4,1-billion in the same quarter of last year.
RIM’s revenue for fiscal 2010 grew 33% to $19,9-billion from $15-billion last year.
During the fourth quarter, RIM shipped approximately 14,9-million BlackBerry smartphones for a total of 52,3-million smartphones in fiscal 2011.
Revenue for the first quarter of fiscal 2012 ending 28 May 2011 is expected to be in the range of $5,2-billion to $5,6-billion and shipments are expected to be 13,5-million to 14,5-million smartphones. PlayBook shipments will be broken out when RIM reports next quarter.