The Pearl has music and photo capabilities
|
Shares in Blackberry-maker Research In Motion jumped 19% after it unveiled strong results and said reaction to its latest model had been "exceptional".
The Canadian firm said its second quarter net profits had increased by 27% to $140.8m (£75m) from $111m for the same period in 2005.
Research In Motion, which has released its new Pearl model in the US, saw revenues rise 34% to $659m.
It added it may have to restate some results due to an accounting error.
'Awesome'
The company said it had probably over-stated earnings since 1998 by some $25m due to mistakes reporting staff stock options.
Despite the admission, shares in the firm soared 19% in Thursday after-hours trading on New York's Nasdaq exchange, as investors instead focused on the strong results for its second quarter to 2 September.
Peter Misek, an analyst at Canaccord Adams in Toronto, said the quarterly results were "awesome."
"They just smashed the numbers, smashed them," he said.
Home
~RS~q~RS~~RS~z~RS~35~RS~)
BBC NEWS CHANNEL
News services
E-mail this to a friend
Printable version
