RIM buys itself breathing room for BB10 launch

Dec 21 2013

Research In Motion CEO Heins gestures while delivering his keynote address during the Blackberry Jam Americas in San JoseTORONTO (Reuters) – Research In Motion Ltd shares jumped on Friday after the embattled BlackBerry maker posted quarterly results that showed it was still able to pull off a surprise as it tackles the formidable task of getting consumers excited over its new smartphone line. While RIM's performance gave Wall Street a modicum of optimism, analysts stressed RIM has to now prove that the BlackBerry 10 devices, due early next year, can halt its brand's downward spiral. That won't be easy, they said. "I have to admit they did a very good job making the best out of a really tough situation. …

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    Originally posted 2012-09-29 09:16:04. Republished by Blog Post Promoter

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