Make This Bet on Strong Upside Potential: Research In Motion Ltd (BBRY), Nokia Corporation (ADR) (NOK)

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If Nokia Corporation (ADR) (NYSE:NOK) and BB are to make a comeback, these companies will have to dethrone Google’s Android. While it might seem an impossible task, recent information reveals that there might be a possible entry point. According to recent reports, the shaky relationship between Google and China might raise its ugly head again. The Chinese government has started taking notice of Android’s dominance and might take actions to restrict it. This will give BB and Nokia Corporation (ADR) (NYSE:NOK) a chance to enjoy a competitive edge in one of the most lucrative markets in the world.

Bottom line

The market has reacted adversely to revisions in sales targets for BB10 devices. I believe that the market is overreacting and the BB10 will get a good response from customers. The real make or break for BB10 is its success in USA and emerging markets. The company has a loyal customer base of approximately 79 million that will continue upgrading to newer BB models. The initial launch data for Nokia Corporation (ADR) (NYSE:NOK)’s Lumia was also not so stellar, but the company has seen a positive response from carriers globally.

Blackberry will also be available from all major carriers in the United States. In more recent news, Sprint Nextel Corporation (NYSE:S) has refused to support the Z10 device but will allow the QWERTY based version in its lineup. I believe that this price decline is another good opportunity for investors to take a position in Research In Motion Ltd (NASDAQ:BBRY). The company has a strong market presence and the BB10 has the potential to get attention. The new OS will not only launch an upgrade cycle in the existing 79 million consumers but get a newer, younger audience interested in the BB platform.

The article Make This Bet on Strong Upside Potential originally appeared on Fool.com and is written by Mohsin Saeed.

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