RIM ups third quarter outlook

Research in Motion added 1.45 million BlackBerry subscriber accounts and shipped 3 million devices in its second quarter results, which were in line with Wall Street expectations.

In a statement Thursday, RIM reported second quarter net income of $287.7 million, or 50 cents a share, on revenue of $1.37 billion. In the same quarter a year ago, RIM reported net income of $140.2 million, or 25 cents a share, on revenue of $658.5 million. The results matched estimates according to Thomson First Call.

RIM also upped its outlook for the fiscal third quarter. The company projected earnings of 59 cents a share to 63 cents a share on revenue between $1.6 billion to $1.67 billion. The company expects to add 1.65 million subscriber accounts for the quarter ending Dec. 1. Wall Street was expecting earnings of 55 cents a share on sales of $1.5 billion.