Blackberry 2009 Annual Report Download - page 53

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51
For the Year Ended
February 28,
2009 March 1,
2008 March 3,
2007
Revenue
Devices and other $ 9,410,755 $ 4,914,366 $ 2,303,800
Service and software 1,654,431 1,095,029 733,303
11,065,186 6,009,395 3,037,103
Cost of sales
Devices and other 5,718,041 2,758,250 1,265,251
Service and software 249,847 170,564 114,050
5,967,888 2,928,814 1,379,301
Gross Margin 5,097,298 3,080,581 1,657,802
Expenses
Research and development 684,702 359,828 236,173
Selling, marketing and administration (notes 16(d) and 17) 1,495,697 881,482 537,922
Amortization 194,803 108,112 76,879
2,375,202 1,349,422 850,974
Income from operations 2,722,096 1,731,159 806,828
Investment income 78,267 79,361 52,117
Income before income taxes 2,800,363 1,810,520 858,945
Provision for (recovery of) income taxes (note 9)
Current 948,536 587,845 123,553
Deferred (40,789)(71,192) 103,820
907,747 516,653 227,373
Net income $ 1,892,616 $ 1,293,867 $ 631,572
Earnings per share (note 14)
Basic $ 3.35 $ 2.31 $ 1.14
Diluted $ 3.30 $ 2.26 $ 1.10
See notes to the consolidated financial statements.
RESEARCH IN MOTION LIMITED
consolidated statements of operations
(United States dollars, in thousands, except per share data)