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Fortune names RIM fastest growing company... in the world


It shouldn't come as too much of a surprise that RIM is doing pretty well even in the face of an economic downturn, but it looks like it's been doing really well -- at least according to Fortune, which has just named the Canadian company the fastest growing firm in the world. That's apparently based on a combination of profits, turnover, and investment return over three years which, in RIM's case, translates an 84% growth in profits in the past three years, a 77% growth in revenue, and a total return of 45%. It's also actually the first time RIM has made the list, although that's at least partly due to the fact that Fortune didn't include non-US firms last time around.

Motorola clings to number one spot in US sales, RIM still rocking

Uh oh, Moto. Go 'head with your bad self. Just days after posting a meager profit (but a profit nonetheless) and maintaining your position in third in worldwide mobile market share, along comes a report claiming that you're still numero uno in the United States. While handset sales overall shot up 5.3% here in Q2, Motorola maintained a 26% share and managed to stare down at least a few naysayers. In related news, LG held tight to the silver with 22%, while RIM gained a double-digit market share increase thanks to sales of its oh-so-hot BlackBerry handset. Number nerds, feel free to tap the read link for even more fractions and decimals.

[Via RCRWireless]

Motorola manages minuscule profit, clings to bronze medal

It has been a solid tick since Motorola had a quarterly earnings report that it didn't just send over via the paper airplane method and run for the hills, but the most recent one was actually worth cracking a smile over. After moving more mobiles in North America than it expected too, shares shot up 13% and bullish analysts began to think that the worst was over. Chief Executive Greg Brown noted that Moto will be "adding substantially to its product portfolio" here in the near future, which will hopefully enable it to get a stronger grasp on the number 3 handset maker ranking. During the most recent quarter, the outfit shipped 28.1 million phones to just barely maintain its market share lead over LG, though it remains to be seen if it can keep this up. No pressure Moto, no pressure at all.

[Via RCRWireless]




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