Research in Motion Ltd. (BBRY): 1 Order, 1 Million Blackberry Phones

There was some breaking news that crossed our Insider Monkey news desk Wednesday afternoon – as the trading day tarted winding down, Research in Motion Ltd. (NASDAQ:BBRY) – er, BlackBerry Ltd. – announced that it had received a single order for 1 million of its smartphones that run the new BlackBerry 10 operating system, with delivery beginning immediately.

While Research in Motion Ltd. (NASDAQ:BBRY) did not specifically named the company or entity that made the order, the company said this “established partner” produced the largest single order of devices in the mobile device maker’s history.

“An order for one million devices is a tremendous vote of confidence in BlackBerry 10,” said Rick Costanzo, head of global sales for Research in Motion Ltd. (NASDAQ:BBRY). “Consumers are ready for a new user experience, and BlackBerry 10 delivers. With strong partner support, coupled with this truly re-invented new platform, we have a powerful recipe for success.”

Research in Motion Ltd. (BBRY)Research in Motion Ltd. (NASDAQ:BBRY) was trading in negative territory for most of Wednesday, but once the news got out just after 3 p.m. ET, the stock jumped and finished the day up 8 percent to $15.64 per share. The company is due to report its quarterly earnings and fiscal year 2012 year-end results later this month, and the BlackBerry 10 OS and Z10 smartphone are due to make their U.S. debut next week on shelves at AT&T Inc. (NYSE:T).

What do you think about this news? Does this lend some legitimacy to Research in Motion Ltd. (NASDAQ:BBRY) and its BlackBerry 10 OS? Could this help jumpstart buzz around the Z10 as it launches on U.S. store shelves in the coming days? Let us know your thoughts in the comments section below.

DISCLOSURE: I own no positions in any stock mentioned.

Please see these related BBRY articles:

BlackBerry is Fighting for a Second Chance

Microsoft and BlackBerry are Fighting for 3rd Place

BlackBerry Loses Another Big Customer to Apple

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 10 Countries with the Highest Suicide Rates

The 10 Most Technologically Advanced Countries in the World

The 10 Safest Countries in the World to Live in Peace

The 10 Top Selling Smartphones in the World 2014

The 12 Biggest Shopping Centers in the World

The 10 Friendliest Countries in the World

Qihoo 360 Technology Co Ltd (QIHU), Actavis plc (ACT), Yahoo! Inc. (YHOO) Among 20 Long Ideas from Sohn Canada

The 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!