Research in Motion (NASDAQ: RIMM) reported after the bell today earnings $1.76 per share or $911.1 million - well above the consensus estimate of $1.64. RIM officially went KOBATA, Knocked it Out of Ballpark Above Top Anticipations, a rare Wall Street acronym only used when a company beats the estimates by a long shot. The top analyst estimate was $1.75. Revenue also soared above the estimates, as RIM made $5.49 billion, well above analysts estimate of $5.4 billion, and showed a growth rate of 40% from the previous year. RIM has been a hated stock on Wall Street; at current levels, the stock trades with a PE ratio of just over 10. Most grocery store companies have higher PE ratios, even as RIM's growth nears 30% annually. With the new BlackBerry PlayBook tablet coming out early next year, there's no telling how much revenue this money making machine can earn.To read the full report, click here.
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