RIM posts £430 million Q1 profit, ships 500,000 PlayBooks

RIM has announced healthy Q1 profits, propped-up by respectable sales of its new BlackBerry PlayBook tablet.The Canadian smartphone giant took in a healthy $4.9 billion (£3.03 billion) in revenue, which is up 16 per cent from the corresponding quarter of last year.Profits for the quarter were posted at $695 million (£430 million), which are slightly down on last year's sum of $769 million (£475 million) and below the company's expectations.The figures, which also saw RIM sell 13.2m

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