Northern, WI 1/23/2013 (usmarketbuzz) –On May 2012, RIM revealed a strategic business plan reviewing some options available, software licensing alliances and including a hurried disposal of the company.
After the new BlackBerry 10’s releasing, strategic partnerships with other companies were taken into consideration by Research In Motion Limited (TSE:RIM). On Monday, the chief executive officer, Thorsten Heins was interviewed by a German newspaper and he declared that the company’s strategy in progress might include a potential sale of Research In Motion Limited (TSE:RIM)’s handset business or another option could be the licensing of its software division and some competitors are taken into account.
Heins said his focus for now is “to successfully introduce BlackBerry 10”.
The BlackBerry 10 created by Research In Motion Limited (TSE:RIM) is going to be introduced on January 30. Nick Manning, the Research In Motion Limited (TSE:RIM)’s spokesman said he had no news to report relating to the “strategic review “ of the company.
More than ten years ago, Research In Motion Limited (TSE:RIM) virtually powered with its firs BlackBerry devices the mobile email. The company lost its market share as clients preferred Apple Inc. (NASDAQ:AAPL)’s iPhone and some other devices which operate on Google’s Android system. Research In Motion Limited (TSE:RIM)’s purpose now is gaining market share, by redesigning line of touch screen and keyboard appliances.
The Research In Motion Limited (TSE:RIM)’s shares rose 17.6%, almost tripled since late September. On Friday the stock grew more than 6%. This was after a report that unveiled that the new device BlackBerry 10, soon to be launched, has an operating system that is performing at the quality standards of the competitors or even higher.
Astel, the Byron Capital analyst opines this could be a much more “successful product cycle”.
Research In Motion Limited (TSE:RIM) trades at New York Stock Exchange as Research In Motion Ltd (NASDAQ:RIMM)
Research In Motion Ltd (NASDAQ:RIMM) shares were up by 13.01% to $17.90.