04:19 PM EST - Research In Motion Ltd. : reported net income for the second quarter of $495.5 million or $0.86 per share, compared to $287.7 million or $0.50 per share for the year-ago quarter. Revenue for the second quarter jumped 88% to $2.58 billion from $1.37 billion in the same quarter of last year. Analysts polled by Thomson Financial expected the company to earn $0.87 per share on revenue of $2.60 billion for the second quarter. Research In Motion Ltd.
shares T.RIM are trading up 61 cents at $101.00.