BlackBerry maker's revenues of $2.7bn better than expected, but down nearly 50% compared to last year

Troubled BlackBerry maker Research In Motion (RIM) lost a million subscribers in the last quarter, the first drop in users in the company's history.

The news came as RIM reported better than expected revenues of $2.7bn, although they were still down 47% compared to last year. Excluding one-time items related to restructuring and other issues, RIM reported a loss of $114m or 22 cents a share for the three months ending 1 December.

The original smartphone giant, RIM's market lead has long been surpassed by Apple's iPhone and those powered by Google's Android system. RIM said its base declined from more than 80m to "approximately" 79m in the last three months.

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