Research In Motion Ltd (NASDAQ:BBRY) is Surging High

0
752

Dallas, Texas 07/02/2013 (Financialstrend) – Research In Motion Ltd (NASDAQ:BBRY) is a reputed designer, manufacturer and marketer of wireless solutions. The company has earned its reputation in the mobile communications market across the globe in offering effective solutions.  The company extends a strong platform and tailor-made solutions towards a seamless access to information by developing integrated hardware, software, along with the services related to the above. The services include voice, instant messaging, short messaging, e-mail and browsing and application through intranet and internet. The contemporary technology developed by the company has enabled manufacturers and third party developers to add enhancement to the range of products and services with the use of wireless connectivity, software development kits and the third party support system available. Millions of consumers and thousands of companies use the range of products and embedded technology developed by Research In Motion Ltd (NASDAQ:BBRY). The BlackBerry wireless solution, RIM Wireless Handheld product line, BlackBerry Playbook tablets are popular choices among the range of efficacious development tools.

Research In Motion Ltd (NASDAQ:BBRY) purchased certain assets of a company on April 26, 2011 and implemented the acquired technologies in developing a newer range of product. It has also purchased 100% share of a company on March 25, 2011 and incorporated the technology in the creation of various development tools. On March 3, 2011 it again acquired 100% shares of a company with the objective of incorporating the technology in its own technology. The technology offers cloud-based services for storing, sharing, accessing and organizing digital content on mobile devices and it is been implemented to create applications for the  BlackBerry PlayBook tablet. The acquired technology also provides personalized, cross-platform social mobile gaming developer toolkit. The technology is also meant to offer a multi-platform BlackBerry Enterprise Solution, which in turn will manage and secure securing mobile devices for enterprises and government organizations.

Research In Motion Ltd (NASDAQ:BBRY) opened at $14.15. The volume stands at 308,873.00. The companyhas a market cap of $ 6.26 billion.

This report is for information purposes only, and is neither a solicitation or recommendation to buy nor an offer to sell securities. Financials Trend is not-a-registered-investment-advisor. Financials Trend is not a broker-dealer. Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. Financials Trend accepts no liability for any losses arising from an investor's reliance on the use of this material. Financials Trend sometimes gets compensated up to one hundred and fifty thousand dollars per month for featuring particular stocks. See site disclaimer for complete compensation. Financials Trend and its affiliates or officers currently hold no shares of these stocks. Financials Trend and its affiliates or officers will purchase and sell shares of common stock of these stocks, in the open market at any time without notice. Financials Trend will not update its purchases and sales of these stocks in any future postings on Financials Trend's websites. Certain information included herein is forward-looking within the context of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. The words "may", "would," "will," "expect," "estimate," "anticipate," "believe," "intend," " project," and similar expressions and variations thereof are intended to identify for ward-looking statements. Such forward- looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. *Financials Trend does not set price targets on securities. Never invest into a stock discussed on this web site or in this email alert unless you can afford to lose your entire investment.