BlackBerry maker Research In Motion reported fourth-quarter revenue and shipments that fell short of analysts’ estimates, driving the stock lower in late trading.

Sales in the fourth quarter ended Feb. 27 rose 18 percent to $4.08 billion, the company said yesterday. Analysts on average estimated sales of $4.31 billion.

RIM said it shipped 10.5 million devices in the period ended Feb. 27. That missed a 10.9 million estimate.

RIM slid $2.97, or 4 percent, to $70.99, in late trading after falling 95 cents to $73.97 in Nasdaq trading.

Net income rose to $710.1 million, or $1.27 a share, compared with $518.3 million, or 90 cents, a year earlier.