RIM loses BlackBerry subscribers for first time

TORONTO (AP) ? BlackBerry-maker Research In Motion, which is already struggling with plunging sales, says it lost subscribers for the first time in the latest quarter, as the global number of BlackBerry users dipped to 79 million.

The subscriber figure is significant because RIM, unlike other phone makers, gets paid monthly for forwarding email and Web data to BlackBerrys. Three months ago, the Canadian company had 80 million subscribers.

RIM on Thursday posted net income of $14 million, or 3 cents per share for its fiscal third quarter, which ended Dec. 1. That compares with a profit of $265 million, or 51 cents per share, in the same quarter a year ago.

RIM reported revenue of $2.7 billion, down 47 percent from a year ago.

Associated Press

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