RIM (RIMM) Debuts BB10; Analysts Mixed, Keyboard is Kept
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Price: $14.64 +12.36%
Rating Summary:
0 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
0 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
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Research In Motion (Nasdaq: RIMM) shares are trading markedly lower Wednesday afternoon as its BlackBerry World 2012 is ongoing.
RIM unveiled its Great White Hope of operating systems on Tuesday: BlackBerry 10 (BB10). Analysts were mixed on the debut:
Shares are about 5 percent lower Wednesday.
RIM unveiled its Great White Hope of operating systems on Tuesday: BlackBerry 10 (BB10). Analysts were mixed on the debut:
- Sterne Agee stated it wasn't sure BB10 "will be enough to slow down strong iPhone and Android momentum." For more from Sterne Agee, click here.
- Wells Fargo liked BB10's Mobile Fusion road map. The firm commented: "Mobile Fusion is currently only offered inside the corporate firewall but within the next year RIMM expects to offer hosted and cloud options. RIMM is also working to enhance its third-party device capabilities and expects to offer BES level network connectivity and security for third-party devices, like iPhones and Androids. The last step in the road map, for which no timeline was given, is the ability to segregate and secure corporate data on third-party employee owned devices."
Shares are about 5 percent lower Wednesday.
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