RESEARCH IN MOTION REPORTS FIRST QUARTER FISCAL 2012 RESULTS AND REVISES FULL YEAR GUIDANCE

ANNOUNCES PLANS TO STREAMLINE OPERATIONS AND ACCELERATE NEW
PRODUCT INTRODUCTIONS
BOARD OF DIRECTORS APPROVES SHARE REPURCHASE PROGRAM
Waterloo, ON – Research In Motion Limited (RIM) (Nasdaq: RIMM; TSX: RIM), a world leader in the
mobile communications market, today reported first quarter results for the three months ended May 28,
2011 (all figures in U.S. dollars and U.S. GAAP).
Highlights:
• Revenue in the first quarter of fiscal 2012 grew 16% over the same quarter last year
• International revenue
1
in Q1 grew 67% year over year
• Gross margin in the quarter was approximately 44%, slightly higher than expected due to
product mix
• RIM launched the BlackBerry PlayBook tablet in North America and shipped
approximately 500,000 units in the first quarter
Q1 Fiscal 2012 Results:
Revenue for the first quarter of fiscal 2012 was $4.9 billion, down 12% from $5.6 billion in the previous
quarter and up 16% from $4.2 billion in the same quarter of last year. The revenue breakdown for the
quarter was approximately 78% for hardware revenue, 20% for service and 2% for software and other
revenue. During the quarter, RIM shipped approximately 13.2 million BlackBerry handheld devices and
approximately 500,000 BlackBerry Playbook tablets.
“Fiscal 2012 has gotten off to a challenging start. The slowdown we saw in the first quarter is continuing
into Q2, and delays in new product introductions into the very late part of August is leading to a lower
than expected outlook in the second quarter." said Jim Balsillie, Co-CEO at Research In Motion. "RIM’s
business is profitable and remains solid overall with growing market share in numerous markets around
the world and a strong balance sheet with almost $3 billion in cash. We believe that with the new
products scheduled for launch in the next few months and realigning our cost structure, RIM will see
strong profit growth in the latter part of fiscal 2012."
Net income for the quarter was $695 million, or $1.33 per share diluted, compared with net income of
$934 million, or $1.78 per share diluted, in the prior quarter and net income of $769 million, or $1.38 per
share diluted, in the same quarter last year.

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