“Research In Motion Ltd.’s sales in the U.S. fell by 50 percent last quarter, dragging total revenue lower, as American consumers abandoned older BlackBerry phone models for Apple Inc.’s iPhones,” Hugo Miller reports for Bloomberg.
“Revenue from the U.S. dropped to $1.11 billion from $2.22 billion a year earlier, overshadowing gains in Canada and other markets, according to a filing released yesterday after the company reported earnings last week,” Miller reports. “U.K. sales fell 2.3 percent to $419 million, according to the filing.”
Miller reports, “RIM’s share of the global smartphone market dropped to 12 percent in last quarter from 19 percent a year earlier, according to Gartner Inc.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Brawndo Drinker” for the heads up.]