Nokia Corporation (ADR) (NOK), Research In Motion Ltd (BBRY): A (Successful) Turnaround Story?

Moreover its app store could also cause problems. As of now Microsoft, Apple, Google Inc (NASDAQ:GOOG) and Research In Motion Ltd (NASDAQ:BBRY) retain 30% of the app sales on their respective devices. Apple and Google can charge such high rates due to their extensive market share (21% and 57%, respectively.) Microsoft, despite having a minute market share, is growing at the fastest pace and is attracting lots of app developers. But since Blackberry’s OS10 has yet to attract large numbers of users, it should lower its revenue share in order retain its developers.

Wrap Up

That said, I think Research In Motion Ltd (NASDAQ:BBRY)’s OS 10 could finally bring it on track, but it needs to address some crucial issues first. Even if it introduces mid-range smartphones, it could maneuver a successful turnaround but investors should practice cautious investing.

The article A (Successful) Turnaround Story? originally appeared on Fool.com and is written by Piyush Arora.

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