Research in Motion posts higher 4Q profit, sales

(AP) -- Shares of BlackBerry maker Research in Motion Ltd. soared more than 20 percent in after-hours trading Thursday after the company said its profit jumped in its fiscal fourth quarter, surpassing analysts' expectations. Solid demand for smart phones despite the recession helped boost results.

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<p><a href="http://www.physorg.com/news157952028.html">Research in Motion posts higher 4Q profit, sales</a></p> <p>(AP) -- Shares of BlackBerry maker Research in Motion Ltd. soared more than 20 percent in after-hours trading Thursday after the company said its profit jumped in its fiscal fourth quarter, surpassing analysts' expectations. Solid demand for smart phones despite the recession helped boost results.</p>