Blackberry 2005 Annual Report Download - page 7

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5
We expanded distribution with carrier partners, brought to market a new generation of BlackBerry devices
including the award-winning BlackBerry 7100 Series, helped partners launch several BlackBerry-enabled
devices through our BlackBerry ConnectTM and BlackBerry Built-InTM licensing programs, introduced BlackBerry
Enterprise Server (BES) v4.0 software, added support for Novell GroupWise, and achieved a marked increase
in the number of third party applications working in conjunction with BlackBerry Mobile Data ServiceTM (MDS).
We also continued to expand and strengthen our execution capabilities in Waterloo and around the world in
all functional areas.
We are very encouraged by our subscriber growth in fiscal 2005. North America continues to represent the
majority of our subscriber base and is the biggest contributor to net additions, but our efforts in Europe and
Asia are beginning to pay off as well. Over 20% of our subscriber base is now outside North America and we
expect that percentage to grow in fiscal 2006. The majority of our subscribers are still in large enterprises and
that market opportunity continues to be very strong with relatively low penetration and very little competition.
BlackBerry Internet Service (BIS) is beginning to grow significantly through retail channels and we believe
that retail distribution will contribute a large portion of our growth this year, across all geographical markets.
Already in fiscal 2006 we have surpassed 3 million total subscribers and our sights continue to be set on
racing to the 5 million and 10 million subscriber milestones.
Fellow
Shareholders
Fiscal 2005 was an exceptional year for Research In Motion.
Our subscriber base more than doubled to over 2.5 million
and revenue also more than doubled to over $1.3 billion.