Why Research In Motion Shares Surged

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Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shareholders of BlackBerry maker Research In Motion (Nasdaq: RIMM  ) are relishing in a rare up day, rising as much as 12%, following news that telecom companies have begun testing its new BlackBerry devices.

So what: Following two lengthy delays, the simple fact that the 50 telecommunication companies are now testing the BlackBerry 10 is a good sign to investors that the smartphone is on track for a first-quarter 2013 launch. However, Jefferies analyst Peter Misek is far from impressed with what he referred to as RIM's "lab trials," which could take upwards or three to six months to complete.

Now what: The BlackBerry smartphone, running on its new BB 10 operating system had better be well worth the wait, otherwise it's going to be the end of the line for RIM. Apple's (Nasdaq: AAPL  ) iPhone 5 and the Samsung Galaxy S series have become staples of the smartphone market with Nokia's (NYSE: NOK  ) Lumia and the BlackBerry bringing up the caboose. With all metrics sloping downhill for RIM, I can't get too excited about the prospects for the BB 10 until I see tangible results.

Does Apple have anything to worry about with the coming launch of the BlackBerry 10? Find out the answer to this question and much more by getting your copy of our latest premium research report on Apple. Packed with in-depth analysis on the opportunities and threats facing Apple -- and complete with a year of regular updates -- this report will give you the tools you need to make smart long-term investing decisions. Click here to get your copy now.

Fool contributor Sean Williams has no material interest in any companies mentioned in this article. You can follow him on CAPS under the screen name TMFUltraLong, track every pick he makes under the screen name TrackUltraLong, and check him out on Twitter, where he goes by the handle @TMFUltraLong.

The Motley Fool owns shares of Apple. Motley Fool newsletter services have recommended buying shares of, and creating a bull call spread position in, Apple. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Read/Post Comments (5) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On November 01, 2012, at 4:15 PM, cbglobal wrote:

    Since the Blackberry holds it own and even still out sells the iPhone in many markets outside the USA; then an article that acts like the US market is all that matters, is not worthless.

  • Report this Comment On November 01, 2012, at 4:21 PM, cbglobal wrote:

    Sorry, make that "not worth very much" at the end. D'oh. Need an edit function here.

  • Report this Comment On November 01, 2012, at 5:21 PM, bbrriilliiaanntt wrote:

    IT departments want Windows, Senior Execs want to use their iPads and BYOD is too far along to stop at this point...

  • Report this Comment On November 01, 2012, at 8:05 PM, llIlllIlllIlllIl wrote:

    Windows Phone 8 is now in the market.

  • Report this Comment On November 01, 2012, at 10:46 PM, Arthur1111 wrote:

    Buy RIMM before the price doubles or triples in the next 3 months, and sell Apple while you are at it.

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