Blackberry 2011 Annual Report Download - page 60

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RESEARCH IN MOTION LIMITED
Consolidated Statements of Operations
(United States dollars, in millions, except per share data)
February 26,
2011
February 27,
2010
February 28,
2009
For the Year Ended
Revenue
Hardware and other $ 16,416 $ 12,536 $ 9,411
Service and software 3,491 2,417 1,654
19,907 14,953 11,065
Cost of sales
Hardware and other 10,516 7,979 5,718
Service and software 566 390 250
11,082 8,369 5,968
Gross margin 8,825 6,584 5,097
Operating expenses
Research and development 1,351 965 685
Selling, marketing and administration 2,400 1,907 1,495
Amortization 438 310 195
Litigation –164 –
4,189 3,346 2,375
Income from operations 4,636 3,238 2,722
Investment income, net 828 79
Income before income taxes 4,644 3,266 2,801
Provision for income taxes 1,233 809 908
Net income $ 3,411 $ 2,457 $ 1,893
Earnings per share
Basic $ 6.36 $ 4.35 $ 3.35
Diluted $ 6.34 $ 4.31 $ 3.30
See notes to consolidated financial statements.
RESEARCH IN MOTION ANNUAL REPORT 2011 47