Sign up USA
Proactive Investors - Run By Investors For Investors

RIM's BlackBerry 10 tested by U.S. federal agency

Research In Motion (NASDAQ:RIMM)(TSE:RIM) Thursday said that a U.S. federal agency will begin testing its new BlackBerry 10 platform and devices.
RIM's BlackBerry 10 tested by U.S. federal agency

Research In Motion (NASDAQ:RIMM)(TSE:RIM) Thursday said that a U.S. federal agency will begin testing its new BlackBerry 10 platform and devices.

The delayed BlackBerry 10 is due for release early next year and the company hopes the smoother and faster phones will help win back market share from the likes of Apple (NASDAQ:AAPL) and Google's (NASDAQ:GOOG) Android ecosystem.

The U.S. Immigration and Customs Enforcement agency (ICE) next year will begin a pilot program on the smart phone maker's new line of BlackBerry 10 smartphones and BlackBerry Enterprise Service 10, which allows corporations and government users to run the new devices on their networks.

The Canadian smart phone maker is now looking to persuade both corporations and government users to stick with its products, which have long been valued for their strong security features. 

In October, the ICE announced plans to end a long relationship with RIM, stating that its now aging line-up of BlackBerry devices could "no longer meet the mobile technology needs" of the agency.

At the time, the agency outlined its plans to buy iPhones for more than 17,600 employees. 

RIM shares closed up 5.6 per cent to $13.31 Wednesday. The stock has more than doubled in price since September 24, when the shares were trading slightly above the $6 level in both New York and Toronto. 

The wave of optimism around BB10 has in recent weeks been bolstered by a number of analyst upgrades on the stock.

In November, Kris Thompson, a National Bank Financial analyst, suggested investors pick up RIM stock ahead of the launch of the new BlackBerry 10 in the new year.



Register here to be notified of future BB Company articles
View full BB profile

Blackberry Timeline

Article
September 25 2015
Newswire
July 13 2015
Copyright © Proactiveinvestors.com, 2016. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC