Harping on its sleek new devices and a push into mainstream markets, Research In Motion Limited today reported a 37 percent increase in revenues in the second quarter of fiscal 2010 to $3.53 billion from the same quarter last year, up 3 percent from $3.42 billion in the previous quarter.

 

However, the BlackBerry (News - Alert) maker also reported its earnings slipped 4 percent in its second fiscal quarter because of a legal settlement charge. This reportedly offset strong sales of BlackBerry devices.

 

During a live Web cast that took place at 5 p.m., RIM said its BlackBerry subscriber base had grown steadily in and outside of North America, with shipments of BlackBerry phones going from 9.2 million to 9.9 million. The Ontario-based company reported revenue breakdown for the quarter was approximately 81 percent for devices, 14 percent for service, 2 percent for software and 3 percent for other revenue.

 

During the quarter, RIM said it shipped approximately 8.3 million devices – and attributed its positive quarterly results to the success of new products such as the BlackBerry Curve 8520 and BlackBerry Tour models.

“We are pleased to report a strong second quarter with excellent financial performance, successful product launches and accelerating growth in international markets and new market segments,” said Jim Balsillie, Co-CEO at Research in Motion (News - Alert) in a statement issued before the conference call. “RIM is entering the second half of the fiscal year and approaching the holiday buying season with an impressive product portfolio, continuing business momentum and strong marketing support from our partners around the world.”

 

Balsillie also revealed the device manufacturer’s plans to launch new marketing and brand campaigns to support demands for BlackBerry smartpohones in consumer and enterprise markets.

 

Additionally, Balsillie also attributed positive second quarter results for the three months ended August 29, 2009 to growth in Europe and Latin America.

 

“Excitement around products and services in this region has never been higher,” he said.