Research In Motion Ltd (BBRY) News: Microsoft Corporation (MSFT) Contender, Who’s In Third & a Pentagon Update

Page 2 of 2

Research In Motion unveils cheaper BlackBerry (DailyHerald)
Research In Motion Ltd (NASDAQ:BBRY) unveiled a lower-cost BlackBerry aimed at consumers in emerging markets on Tuesday, stepping up its efforts to regain market share lost to Apple Inc. (NASDAQ:AAPL)’s iPhone and Android devices powered by Google Inc (NASDAQ:GOOG)‘s software. The lower-cost gadget, called the Q5, is the company’s third smartphone to run the new BlackBerry 10 system. It will have a physical keyboard, something that sets Research In Motion Ltd (NASDAQ:BBRY)’s devices apart from Apple Inc. (NASDAQ:AAPL)’s iPhone and most Android phones. Research In Motion Ltd (NASDAQ:BBRY) CEO Thorsten Heins said the “slim, sleek” device will be available in red, black, white and pink. He announced the phone to a packed ballroom to open Research In Motion Ltd (NASDAQ:BBRY)’s annual three-day conference in Orlando, Florida.

Research In Motion (BBRY) Has Had a Great Run, But With the Dust Settling Now… (SmallCapNetwork)
A mere six months ago, Research In Motion Ltd (NASDAQ:BBRY) was all the rage. The once-great smartphone company was quickly becoming hot again, on the heels of a new phone that looked like a decent threat to category leader Apple Inc. (NASDAQ:AAPL). Now, however, Research In Motion Ltd (NASDAQ:BBRY) shares are already losing their luster… not to mention toying with a pullback. Is the party really over, almost as quickly as it began? Yes, and for a pretty good reason too. First things first – the chart. Thanks to the peak and subsequent pullback we’ve seen this week, Research In Motion Ltd (NASDAQ:BBRY) has just logged a lower high, from the January peak of $18.32 to this week’s high of $16.16. Granted, Research In Motion Ltd (NASDAQ:BBRY) has also left behind a string of higher lows, so the bulls have a decent argument. But, this weakness is putting a serious amount of pressure on the key short-term and long-term moving average lines, and they won’t be able to hold the stock up indefinitely. The end result is a wedge shape, which tends to result in an explosive move once broken (in one direction or the other).



Page 2 of 2