BlackBerry 10 release date still unclear, but stocks rally: features

November 23, 2012 | Filed under: Business | Posted by:

Probably BlackBerry 10 release date is still months away, but RIM stocks are already going up. The optimism is caused by great features of new BlackBerry OS

There are several big question marks over the revival of Ontario Canada based Research in Motion (RIM) and its success of its new BlackBerry 10 handsets, nonetheless market seems to have reacted favourably. Its share prices have jumped as much as 17 percent and it still seems to e going up.

Research in Motion, the manufacturers of BlackBerry brand of smart-phone that was a market leader just a few years ago is trying to get back into business following the rise of others including Cupertino based Apple, the manufacturers of iPhone and Samsung and other Android smart-phone manufacturers.

There is a sort of optimism in the air since more and more info were leaked about the forthcoming BlackBerry 10, the new OS from RIM and at least two new handsets it has been planning to launch in the market. A video was also leaked to the media apparently by a top company official who showcased to the media more than what was intended by it.

Reports suggest that the stocks surge was caused by a report from Kris Thompson of National Bank who suggested that the RIM was a good pick right now as its price target was $15, up from his previous price target of $12. To be true, Research in Motion got second favourable opinion from top market analysts this single week alone. Peter Misek who has mainly predicted the company’s mounting miseries in the last few years said that the company’s stocks were a good pick right now and raised its rating.

Ontario, Canada based company says, BlackBerry 10 is being designed to power the next five to 10 years’ worth of BlackBerrys — assuming it can look forward to five-or-more-score years in such a competitive technology space. A report suggests that the new UI is very improved and allows users to glance into the universal inbox by using an ‘up and over’ swiping gesture. Equally, you can use gestures to glance at your homescreen widgets from the lockscreen view without having to entirely unlock the phone. There are many more similar features that may really excite a smart-phone fan.

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Posted by on November 23, 2012. Filed under Business. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry
  • ariel

    hi, can I know for blacberry launch in malaysia is the same as the date you tell. thank you for your cooperation.

  • Mayank Upadhyay

    I can’t believe you deleted my last post? Just coz I called your article crap?
    Who, in their right mind, looks at articles all over the news citing the BlackBerry 10′s launch at January 30th, 2013, and then titles an article “BlackBerry 10 release date still unclear”?
    ITS THE 30th of JANUARY 2013, I hope THIS was clear?