Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Why Research In Motion Shares Got Crushed

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: Shares of Research In Motion (NASDAQ: BBRY  ) have gotten crushed today, down by 11% at the low, after the company unveiled its new BlackBerry 10 operating system platform.

So what: The launch of BB10 has been years in the making, and CEO Thorsten Heins showed off two new devices at a special event in New York. The Z10 is the flagship model that is built entirely around a touch interface, while the Q10 is similar to previous BlackBerrys with a hardware keyboard. The entire company is riding on the success of BB10.

Now what: The biggest negative surprise for investors today was that neither device will launch in the significant U.S. market for at least two more months. The Z10 is expected to see a stateside launch in March after U.S. carriers complete testing, while the device will be available within a week in the U.K. and Canada. The Q10 should arrive shortly later in April. Investors have expressed optimism in recent months, with shares nearly tripling from lows lately, but are disappointed that the pair of smartphones are not ready for the U.S. market yet.

Interested in more info on Research In Motion? Add it to your watchlist by clicking here.

2013 and beyond
The Motley Fool's chief investment officer has selected his No. 1 stock for the next year. Find out which stock it is in our brand-new free report: "The Motley Fool's Top Stock for 2013." I invite you to take a copy, free for a limited time. Just click here to access the report and find out the name of this under-the-radar company.

Read/Post Comments (3) | Recommend This Article (3)

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 January 30, 2013, at 4:47 PM, TimKnows wrote:

    Yet another mis-guided article. The stock is down to capture huge gains in the various put option strikes, We'll bottom out at $ 13.00/shr and suddenly go back up. Its all legal in America too.

  • Report this Comment On January 30, 2013, at 5:27 PM, techy46 wrote:

    BB10 was a yawn but changing the name to boo berry is quite appropriate.

  • Report this Comment On January 30, 2013, at 7:14 PM, ischisler wrote:

    "at least two more months"? A month is approximately 30 days in the U.S., not sure how long a month is where your from?

Add your comment.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2225411, ~/Articles/ArticleHandler.aspx, 9/27/2016 1:22:51 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,231.28 136.45 0.75%
S&P 500 2,158.85 12.75 0.59%
NASD 5,299.32 41.83 0.80%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/27/2016 1:07 PM
BBRY $7.91 Up +0.09 +1.09%
BlackBerry CAPS Rating: *