DIGICEL OPTIMISTIC ABOUT BLACKBERRY’S FORTUNES AHEAD OF RIM’S BLACKBERRY 10 LAUNCH
With the much anticipated launch of Blackberry 10 (BB10) by Research In Motion (RIM), Digicel is optimistic about the resurgence of the brand following the decline seen in recent years, in conjunction with the rise of other mobile devices and platforms such as Android.
According to a recent Bloomberg news report, shares in RIM surged by 18 per cent on the back of another endorsement of the company’s as-yet-unseen new BlackBerry line, which is expected compete fiercely with current top of the line devices like the iPhone 5 and range of Samsung smartphones.
RIM’s shares rose to CAN$12.06 at the close of trading on Thursday, November 22, the biggest gain for the company since April 2009. This also reduced the stock’s loss this year to 19 per cent. Although trading was closed in New York for Thanksgiving, RIM’s stock had gained 5.7 per cent to close at US$10.26 on Wednesday, November 21.
In the third quarter of this year, smartphones with an Android Operating System accounted for 75 per cent of smartphones shipped globally, while RIM devices only accounted for 4.3 per cent.
The first BB10 smartphones are scheduled to be unveiled by RIM at a launch event on 30 January 2013 and are likely to be ready for shipping the following month.
The Bloomberg report also noted that general industry optimism surrounding RIM has been bolstered by reports that the company’s new management team is showing signs of success with the maintenance of the BlackBerry subscriber base, managing costs and cash, and seemingly readying a February 2013 BB10 global platform launch.