Things are looking grim for Research in Motion, which saw quarterly earnings fall by more than half, to $329 million, from $695 million in the same period last year.
The company’s report to investors revealed some not-so-pretty numbers for the BlackBerry PlayBook tablet, only 200,000 of which were shipped in its last quarter, which ended Aug. 27. By comparison, in its last earning call, Apple reported in July that it had sold 9.25 million iPads between April and July.
Even worse, shipping estimates don’t necessarily translate to sales, which means that RIM may be even further below its modest projected sales estimate of 490,000 units.
BlackBerry smartphones also shipped fewer units than expected, with 10.6 million smartphones sent out to retailers, though the company’s subscriber base did see 40 percent growth over last year.