Stock traders voting with their money are feeling good about BlackBerry 10

Stock traders voting with their money are feeling good about BlackBerry 10
With New York markets closed Thursday for the Thanksgiving holiday, shares of RIM are flying in Canadian trading. On the Toronto Stock Exchange, Research in Motion stock is 12% higher as traders and investors are getting excited about BlackBerry 10. One analyst raised his rating on the stock due to "positive sentiment building in the industry". The stock is the most actively traded issue on the Toronto Stock Exchange on Thursday.

RIM's shares are reflecting optimism over BlackBerry 10, prices in Canadian Dollars

RIM's shares are reflecting optimism over BlackBerry 10, prices in Canadian Dollars

RIM CEO Thorsten Heins has been on the road, promoting BlackBerry 10 which is the new OS developed by RIM. The software will be launched on January 30th along with the first two handsets to run on the platform. On Thursday, National Bank Financial analyst Kris Thompson raised his price target on RIM's stock to C$15 from his previous target of C$12. The shares currently are valued at C$11.52 after a rise of C$1.29. Four years ago, RIM was trading above C$140.

Thompson sees RIM shipping 35.5 million handsets in 2014, up from an earlier estimate of 31.6 million. The analyst says that some of that increase is due to speculation that RIM will release the new handsets globally in February, instead of March as earlier thought. Thompson feels that the rest of the increase is due to the "positive sentiment" in the industry relating to the new OS and phones.

source: Reuters

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51 Comments

1. nobelset

Posts: 270; Member since: Oct 17, 2012

ya know, I wish every tech company is doing well, without any conflicts between each other and so on... but that's just a fat hope. GO BLACK BERRY, ANDROID :D

29. sorysory

Posts: 3; Member since: Nov 22, 2012

all those 1d1ot will lost their money RIM share is worth less than US$ 0.50

35. Raymond_htc

Posts: 430; Member since: Apr 06, 2012

If only Blackberry, android and apple fantics stop hating and cursing each other, the world would be a better place to live.

38. MeoCao unregistered

It will be much less fun for sure, try telling Liverpool and ManU fans to stop hating each other. LOL

40. AlexSinaga

Posts: 3; Member since: Nov 23, 2012

RIM is really successfully at creating a big interest (hype) toward BB10. I really fell pity to those 'investor' that buy the RIM share without really seeing the product.....!!!! BB10 is a solid product compared to BB6/BB7, unfortunately it won't make the android/iOS crowd change into BB10. and for most (97%) of current BB user would be better buying android/iOS. The era of BB already over, and BB10 only prolong the death of RIM by another year. RIM will down from 3% to 0.3% in year, and become irrelevant.

2. Tsepz_GP

Posts: 1126; Member since: Apr 12, 2012

I am actually contemplating investing a little bit of my own money in them, i can just see BB10 doing very well, better than that poor excuse of a phone OS MS has made. I may also get myself a BB10 phone as a 2nd phone.

30. sorysory

Posts: 3; Member since: Nov 22, 2012

BB phone is a crap and BB10 will not change that

4. timtimity

Posts: 196; Member since: Aug 13, 2012

Even if people don't like BlackBerry, this is good news and I hope they do well. More companies and phones = increased innovation.

24. pikapowerize

Posts: 1869; Member since: May 03, 2012

"Even if people don't like BlackBerry," correction...only on US they dont like BlackBerry that much! while asia africa and some parts of europe, they love BlackBerry! "More companies and phones = increased innovation." but this!! so agree to this!

31. sorysory

Posts: 3; Member since: Nov 22, 2012

the one who love blackberry is 1d10t in Indonesia, where it used to be a BB stronghold is now 70% android. BB is already dead!!!

36. pikapowerize

Posts: 1869; Member since: May 03, 2012

lol...you're nikolas.oliver!!!! i dont care about that numbers... why dont you just accept the fact that RIM and BlackBerry will still be their!! and besides...more companies, more innovations!!! if you love your android that much, so let it be! but RIM and BlackBerry is always welcome to the world coz they are making huge effort and will bring new innovation and modification!

44. mattrajeh

Posts: 11; Member since: Nov 23, 2012

that is correct, in the middle east, blackberry is way successful, and when it comes to lebanon, everybody has a blackberry and bbm is a must!over 50% of people own blackberries, then comes andriod, then ios...but most important, BBM went too far to a point that my university has a bb pin to contact its students who are prefared to have a bb...

32. momala

Posts: 3; Member since: Nov 22, 2012

How can more company = increased innovation what BB think of innovation is BBM and following the footstep of Google&Apple. BB is dead the Mobile OS war is a two horse war and being the third is also a loser and will lost money

41. chaoticrazor

Posts: 2347; Member since: Aug 28, 2012

wow so much wrong with your comment 2 horsed race really so your saying these 2 os's will last forever and nothing new can gain traction....please get your head out your ass things change constantly whats top now in 1-2 years could be 4-5 etc nothing is concrete second ofcourse more company's actually more choice = more innovation, if android , ios have to also compete with bb and wp8 they will have to step there game up more same for wp8 and bb they will have to do the same. this will result in company's innovating and trying to get ahead

5. slaggyb

Posts: 218; Member since: Oct 19, 2011

When it comes to OS, I wish every of em luck But Rim latest is the real mobile computing OS the way everything is intergrated Seamlessly it just makes it so advance and it leaves its competitors behind.. I can't wait for january 30. Way to go RIM I love physical keyboards and I love the bold 9900 and I be wiating patiently for the the new BB10 with qwerty keyboard...

8. Leon101

Posts: 90; Member since: Feb 27, 2012

Good luck BB!! Let's see what you bring to the table!!

9. Android4u

Posts: 456; Member since: Aug 16, 2012

I wish rim the best of luck, and hope BB 10 makes people start to recognize blackberry again. But honestly I feel they waited too long for this. it's going to be very difficult to compete with Android and IOS and maybe even wp8. The only way I see them competing is if they bring something groundbreaking to the table.

25. pikapowerize

Posts: 1869; Member since: May 03, 2012

uhhmmm...no its not that long... why, you want a device with full of bugs after release? i think that' what happen to WP8 coz i see a lt of trend on nokia lumia 920 and other WP8, they saw a lot of bugs... maybe BB10 might have a bug, but very minimal! "it's going to be very difficult to compete with Android and IOS and maybe even wp8" i disagree with this statement! BB10 has more potential than WP! last quarter just prove that! coz if WP is really working, even with nokia with it, WP overtake BB7 and RIM should be down...but no, RIM is on top 3 while nokia is top 11! so BB10 will be just fine after release! coz its ecosystem is growing fast, now that a lot of andriod and even iOS and some other C++ devs are supporting BB10 so games and apps wont be a problem!!! that's why its good to invest on RIM now!!! but still hoping these 4 (wishing that jolla and maybe firefox too) to compete!!! but with fare share! :)

33. momala

Posts: 3; Member since: Nov 22, 2012

BB10 will have a hard time to compete with the Google innovation speed. It might sell well in 1 month only for pikapowerize but even pikapowerize won't buy 10 BB10 so it will die after 2-3 month Good luck for all the 1d10ts that spend money for it

37. pikapowerize

Posts: 1869; Member since: May 03, 2012

lol nikolas you're so pathetic... hiding in different USERNAME!! PhoneArena Should Ban you for GOOD!!!!

42. chaoticrazor

Posts: 2347; Member since: Aug 28, 2012

mate just hush your noise your pathetic googles innovation speed...........in terms of android its not innovation its just developing. your the saddest little hater around arent you and still obsessed with another person on here why? either tell him you love him or stop the stupid stalker crap

10. Kronic

Posts: 321; Member since: Sep 11, 2012

iOS 7, android 5 and windows phone 8.5 will kill BB 10.

14. chaoticrazor

Posts: 2347; Member since: Aug 28, 2012

come one you cant see into the future, give them a chance competition benefits the customer

15. Kronic

Posts: 321; Member since: Sep 11, 2012

But isn't it obvious? Don't you think that RIM has made a huge mistake by holding back BB10 for so long? Google is owning everyone's a$$ when it comes to innovation. Apple is kind of behind but will catch up next year with iOS 7. Windows phone just needs few more improvements. BB 10 may extend RIMs life but for how long? Do you think it has any killer features?

17. chaoticrazor

Posts: 2347; Member since: Aug 28, 2012

well i agree they have left it late, but doesnt mean the late player cant get back into the game google isnt owning everyones as in innovation, no offence but they didnt innovate with android it evolved. not saying google aint innovating just in terms of android its evolving as for killer features i dont know, i hope it brings something. it may pull back those who used to use bb phones etc but i agree its a tough order, but until there dead i will be hoping they do well

27. pikapowerize

Posts: 1869; Member since: May 03, 2012

if WP is really working and popular, nokia should be on sky high right now! and 3 quarters is enough to prove that the WP plan is working! they should be back on top 10 manufacturer! but no! it just got worst! they are now top 11! while RIM on top 3! you cant say that BB10 will be dead on arrival coz BB10 has more potential than what can WP8 could actually offer! yeah the live tiles and resizable tiles is good! but still not enough to impress most people! RIM needs more time and 2013 is a good new start for them!

28. chaoticrazor

Posts: 2347; Member since: Aug 28, 2012

ok i gree to a pint but i wouldnt say bb10 has more potential. wp8 gave a fresh ui that is minimal and informative. bb10 will need something big to stand out and you say rim needs more time, well so does wp8, and android and ios all need time to develop nothing happens overnight, some have forgot that again though this is all good for us the customer

34. momala

Posts: 3; Member since: Nov 22, 2012

i agree that iOS7 and android 5 will kill BB10 but WP 8.5??? WP7,7.5,8 is also a big joke.

11. Ghostrider30 unregistered

2014? I hope that's a type-o. I agree with nobelset..too bad there is so much nastiness between the tech companies. I am rooting for RIM myself, having had many Blackberries in the past and enjoying them very much. I have found pros and cons with almost all of the OS's I've had, but also with each one, have found many more pros than cons. Good luck RIM!! Looking forward to 1/30.

12. _Bone_

Posts: 2155; Member since: Oct 29, 2012

Massive failure coming, however I wish the exact opposite - great success to BlackBerry!

* Some comments have been hidden, because they don't meet the discussions rules.

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