Research-in-Motion (NASDAQ: RIMM) is trading up today on the hopes for the new expanded BlackBerry flip-phone which allows for slightly more screen space and typing space. The BlackBerry Pearl Flip 8220 smartphone will be launched exclusively via T-Mobile this fall.
One of the major changes in this launch is that R-I-M is moving away from the rectangularstandalone design. It probably isn’t such a large business risk. Butthere is a fairly wide divergence of interface user preferences. Some users love the flip phones that have been around for more thana decade, while others prefer the single face front. Then there arethose who love the sliding feature of some phones. With a weight of3.6 ounces and measurements of approximately 3.9" x 1.9" x 0.7", it probably can’t be criticized for being a virtual brick likemany other phones.
R-I-M is one of the more active stocks today on NASDAQ with some 15million shares having traded. Shares were up over 4% at $103.52 onlast look. This might be getting more traction if it wasn’t for theexclusivity with T-Mobile, but that trend of having an exclusive launchwith one carrier for three to twelve months seems to have become the norm rather than an exception.
Jon C. Ogg
September 10, 2008
Is Your Money Earning the Best Possible Rate? (Sponsor)
Let’s face it: If your money is just sitting in a checking account, you’re losing value every single day. With most checking accounts offering little to no interest, the cash you worked so hard to save is gradually being eroded by inflation.
However, by moving that money into a high-yield savings account, you can put your cash to work, growing steadily with little to no effort on your part. In just a few clicks, you can set up a high-yield savings account and start earning interest immediately.
There are plenty of reputable banks and online platforms that offer competitive rates, and many of them come with zero fees and no minimum balance requirements. Click here to see if you’re earning the best possible rate on your money!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
