Blackberry 2008 Annual Report Download - page 53

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51
For the Year Ended
March 1,
2008 March 3,
2007 March 4,
2006
Revenue
Devices and other $ 4,914,366 $ 2,303,800 $ 1,526,268
Service and software 1,095,029 733,303 539,577
6,009,395 3,037,103 2,065,845
Cost of sales
Devices and other 2,758,250 1,265,251 840,549
Service and software 170,564 114,050 85,049
2,928,814 1,379,301 925,598
Gross Margin 3,080,581 1,657,802 1,140,247
Expenses
Research and development (note 14) 359,828 236,173 158,887
Selling, marketing and administration (notes 17(d) and 18) 881,482 537,922 314,317
Amortization 108,112 76,879 49,951
Litigation (note 12 (b)) -- 201,791
1,349,422 850,974 724,946
Income from operations 1,731,159 806,828 415,301
Investment income 79,361 52,117 66,218
Income before income taxes 1,810,520 858,945 481,519
Provision for (recovery of) income taxes (note 9)
Current 587,845 123,553 14,515
Deferred (71,192 ) 103,820 92,348
516,653 227,373 106,863
Net income $ 1,293,867 $ 631,572 $ 374,656
Earnings per share (note 15)
Basic $ 2.31 $ 1.14 $ 0.66
Diluted $ 2.26 $ 1.10 $ 0.64
See notes to the consolidated financial statements.
RESEARCH IN MOTION LIMITED
consolidated statements of operations
(United States dollars, in thousands, except per share data)