(Ping! Zine Web Tech Magazine) – Wall Street shares on RIM (Reseach In Motion) were up three percent on Tuesday, according to a report from Reuters. The matter occurred after the tech company noted that subscriptions for its BlackBerry smartphone had risen from 78 million to 80 million during its latest quarter.
The steady growth was announced by RIM CEO Thorsten Heins in San Jose, California.
The popularity increase comes to many as a surprise as BlackBerry faces considerable competition from mobile devices including the iPhone and those Android-based. RIM’s last financial quarter ended the first of this month.
Reuters noted RIM’s reliance on emerging markets while ceding key components of its market in North America.
Just last week, tech giant Microsoft agreed to license its exFAT capability to RIM Blackberry devices. exFAT deals with audiovisual media and provides data portability.