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Blackberry Maker RIM , Fastest Growing Company Worldwide

on August 23, 2009 – 11:26 amNo Comment

Fortune Magazine has declared RIM (Research in Motion) as the No 1 Fastest Growing Company Worldwide.Some facts about Research in Motion that made it the number 1 on the charts:

  • In the past decade RIM has sold 65 million BlackBerry smartphones to its 28.5 million subscribers.
  • RIM has a 56% share of the $12 billion U.S. smartphone market.
  • A report released earlier this year ranked the BlackBerry Curve smartphone as the bestselling consumer smartphone in the U.S. Three of the five top-selling mobile phones in the U.S. are now BlackBerry smartphones.
  • RIM’s three-year average earnings-per-share growth is 84%; annualized revenue growth in that time is 77%; and its shares have a three-year annualized total return of 45%.
  • The smartphone market is expected to nearly double in the next five years.

Fastest Growing Companies Rankings

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Sandeep Sarma is a blogger and a freelance photographer. Apart from gadgets and phones, he also has a passion for movies and cars. He currently uses the LG G Flex as his main phone. Catch him on twitter at @sandeep9sarma