Research In Motion Ltd (BBRY): Back From The Dead?

Looking for Number Three

BlackBerry 10 is making its debut shortly after Microsoft Corporation (NASDAQ:MSFT)’s new mobile operating system, worked on in conjunction with Nokia Corporation (ADR) (NYSE:NOK), was first presented to the market. Nokia’s phone, the Lumina, has received high marks, as has Microsoft’s operating system. However, some of that may be tied to what many view as an emerging duopoly between Apple and Google in the smart phone space.

Generally speaking, the industry would like to see at least one more notable participant to keep the market moving forward. Strong early orders for BlackBerry 10 devices suggest that it will launch to at least decent demand. Like the Microsoft/Nokia product, the BlackBerry will have an uphill climb to unseat the two dominant companies in the space. However, it looks like it will have a lot of people rooting for its eventual success.

It Lives!

Research in Motion shares are well off of their historic highs, but were up notably over the last few months in anticipation of a successful launch of its new product. Buy the rumor and sell the news seems to be the way to describe this, because the shares fell after the new products were presented to the public. Aggressive investors, however, might want to consider stepping aboard. However, conservative investors would be better off waiting for initial sales figures. That said, Nokia’s Lumina sales have been pretty solid, so that may be a good place to wait.

Yours,

The article Back From The Dead? originally appeared on Fool.com and is written by Reuben Gregg Brewer.

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