ROTFL! RIMM reports 0.05 vs 0.01...BUT has an operating loss, and made the number (again) based on investment income:
biz.yahoo.com
Research In Motion Limited
Incorporated under the Laws of Ontario
(United States dollars, in thousands except per share data)
Consolidated Statements of Operations and Retained Earnings
For the Three
Months Ended
June 2, May 31,
2001 2000
-------------------------------------------------------------------------
(unaudited)
Revenue $77,005 $27,098
Cost of sales 47,640 14,957
----------------------
Gross margin 29,365 12,141
----------------------
Expenses
Research and development, net of government
funding of $2,305 (2001 - $1,900) 7,297 2,625
Selling, marketing and administration 21,886 10,404
Amortization 3,412 1,363
----------------------
32,595 14,392
----------------------
Loss from operations (3,230) (2,251)
Investment income 9,167 2,890
----------------------
Earnings before income taxes 5,937 639
Provision for income taxes 2,089 251
----------------------
Net income 3,848 388
Retained earnings, beginning of period 11,919 18,130
----------------------
Retained earnings, end of period $15,767 $18,518
----------------------
----------------------
Earnings per share
Basic $0.05 $0.01
----------------------
----------------------
Diluted $0.05 $0.00
----------------------
----------------------
Weighted average number of common shares
outstanding (000's)
Basic 78,337 71,223
Diluted 83,384 77,972
EDIT: RIMM sequential sales DOWN about 15%
cbs.marketwatch.com; |
