RIM stock jumps as revamped BlackBerry nears

by admin on July 29, 2010

Shares of Research In Motion jumped on Wednesday on speculation that next week it would unveil a new touchscreen BlackBerry that could compete more effectively with Apple Inc’s iPhone and other smartphones.

RIM is expected to announce the launch of the BlackBerry 9800 at a joint event with AT&T Inc in New York next Tuesday. AT&T is expected to get exclusive U.S. rights to sell the new device.

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