BlackBerry Torch lights up RIM results

11.1 million, or $1.74 per share, on revenue of $5.49 billion in the most recent quarter. That handily beat the average of analysts expected earnings of $1.65 per share and revenue of $5.4 billion, according to Thomson Reuters I/B/E/S.

RIM's share price has rallied since it launched the Torch with a revamped browser in August and showed off its new PlayBook tablet in late September.

RIM is working hard to get the 7-inch PlayBook tablet -- its challenger to Apple's iPad -- into the market by early in 2011. It says the device will combine the security of the BlackBerry with iPad's user-friendly features.

Co-CEO Jim Balsillie told a conference call that the PlayBook is likely to ship in the United States in March, but RIM does not plan to book revenues from the device in its fiscal fourth quarter, which ends on February 26.

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