S&P 500
7,226.20
+0.01%
Dow Jones
49,494.60
-0.62%
Nasdaq 100
27,685.40
+0.66%
Russell 2000
2,804.78
-0.02%
FTSE 100
10,364.50
0.00%
Nikkei 225
59,260.50
-0.78%

Telecom & Wireless

Useless News Of The Day: RIM (RIMM) Blackberry Can Be Used To Trade Stocks (AAPL)(GOOG)(SCHW)(AMTD)(NOK)(ETFC)

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

It is almost impossible to understand why business people could not use their RIM (RIMM) Blackberry devices to trade stocks until now. The Blackberry can run e-mail applications and the new versions can be used to browse the internet. Other similar devices from Apple (AAPL), Samsung, and Nokia (NOK) can be used as little TVs and GPS devices. Google’s (GOOG) mapping feature works on most of them

Today, E*Trade (ETFC) announced that people with a Blackberry can trade stocks while they are walking around town, having lunch, or riding in a car. The AP writes that the new application "will allow users to trade stocks and options, set up portfolio watch lists and get news."

Since E*Trade (ETFC) almost went out of business when it was caught holding too many mortgage securities, perhaps the product will give it an edge over rivals Schwab (SCHW) and TDAmeritrade (AMTD). But, it is likely that one of them will set up a deal with the Apple iPhone.

Then, it won’t matter.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

A 70-Year-Old With $1.4 Million Faces a $62,000 RMD That Pushes Him Into a Higher Tax Bracket
Drew Wood |

A 70-Year-Old With $1.4 Million Faces a $62,000 RMD That Pushes Him Into a Higher Tax Bracket
A Couple's $1.2 Million Portfolio Faces a 3.9% Withdrawal Rate That Feels Safe but Is Not
Drew Wood |

A Couple's $1.2 Million Portfolio Faces a 3.9% Withdrawal Rate That Feels Safe but Is Not

Continue Reading

Douglas A. McIntyre |

A Brand New Apple (AAPL) iPhone-On-Steroids May Hit Market In Mid-2010

Imagine an Apple (NASDAQ:AAPL) iPhone with a very powerful processor that will work on both the AT&T (NYSE:T) and Verizon…
Douglas A. McIntyre |

Another New Apple (AAPL) iPhone Sighting

The fate of Apple’s (AAPL) shares seems to rise and fall based on rumors that the company will release a…
Douglas A. McIntyre |

Apple (AAPL) iPhone/iPod Apps Hit One Billion Downloads, Most Of Them Useless

Downloads of Apple (AAPL) applications for iPhones and iTunes have reach one billion. It only took nine months. Most analysts…
Jon C. Ogg |

Can A New COO Help Save BlackBerry?

Courtesy Research in Motion Ltd.BlackBerry Limited (NASDAQ: BBRY) has a turnaround that remains caught between a rock and a hard…
Douglas A. McIntyre |

What If Everyone Does Not Want A Smartphone?

Walt Mossberg, the tech columnist of The Wall Street Journal, made a good point recently. Smartphones like the Apple (AAPL)iPhone…
Douglas A. McIntyre |

Apple (AAPL) iPhone Starts Getting Business Software

SAP (SAP) is launching sales force automation products that will work on the Apple (AAPL) iPhone. As much as any…
Paul Ausick |

BlackBerry Stock Sneaking Up on a New 52-Week High

BlackBerry shares traded up on higher-than-usual volume Monday morning following a weekend report that the smartphone maker is about to…
Douglas A. McIntyre |

Reconsidering Apple (AAPL)

For a company which may have the most well-regarded premium brand in the world, Apple’s stock has been certainly been…
Jon C. Ogg |

UBS and Oppenheimer Very Negative on BlackBerry 10 Launch (UBS, AAPL, GOOG, RIMM, T, VZ, S)

ThinkstockThis week’s highly anticipated launch of Research In Motion Ltd. (NASDAQ: RIMM) BlackBerry 10 (BB10) operating system could well prove…

Top Gaining Stocks

Cboe Global Markets
CBOE • Vol: 1,568,143
New Pluto Global
PSKY • Vol: 12,285,993
Seagate Technology
STX • Vol: 7,378,346
Oracle
ORCL • Vol: 26,317,675
Datadog
DDOG • Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ • Vol: 4,367,433
Clorox
CLX • Vol: 13,260,523
Stryker
SYK • Vol: 4,519,455
Mohawk Industries
MHK • Vol: 1,859,865
Amgen
AMGN • Vol: 3,818,618