BlackBerry Shares Surge: Canadian Tech Company Staging A Comeback?

BlackBerry Shares Surge: Canadian Tech Company Staging A Comeback?

BlackBerry Shares Surge: Canadian Tech Company Staging A Comeback?

Blackberry Comeback? Shares Surge on News of Huge Orders

Blackberry, formerly known as Research in Motion (RIM), has announced that an “established partner” has issued the company their single biggest purchase order in the company’s history and the announcement has sent shares for the Canadian-based company surging. At this time, Blackberry has not disclosed the name of the company issuing them the purchase order.

Nor has Blackberry revealed if the order is limited to their new Z10 phone alone or if the order will include advance sales of the upcoming Q10 due out next month. Regardless, Blackberry’s big gamble to regain market share is off to a promising start. Blackberry was one the largest provider of smartphones with control of 60% of market share.

However, as the company rested on their laurels, Apple began taking market share away with their iPhone and Google with their Android powered phones of which the Samsung Galaxy was foremost. Blackberry has finally countered with a new version of their operating system called “Blackberry 10″ and the Z10 is the first phone to use that technology.

The Q10, due out next month, will also run Blackberry 10 and feature a keyboard; the keyboard has long been the favorite of users for it’s speed in texting.

On The Web:

http://www.reuters.com/article/2013/03/14/us-blackberry-shares-idUSBRE92C15Z20130314



Jason is a native of Calgary but now spends his days on the East Coast in Port aux Basques, Newfoundland.

Jason has been working part-time for eCanadaNow since 2010.Jason mostly covers sci/tech stories as well as entertainment news.

Prior to his work writing and editing for eCanadaNow, he worked in sales and marketing. You can email Jason at {Jason at ecanadanow.com]

One Comment

  1. Steven says:

    Jason, appreciate your interest in Blackberry as a good Canadian Company, if you are a Canadian you should be cheering loud for one of our only Tech Companies, and supporting them in any way possible as they are a big community supporter and employer of Ontarians, why Canadians would support a Korean Company or an American company it beyond me – especially when there is no tech advantage as BB10 is a market beating device in all respects. Thanks for the article Jason but perhaps next time maybe some enthusiasm and perhaps post a little more ahead of the rest of the pack as there was no information in your post that wasn’t already said dozens of times by other sources.