It's a dog-eat-dog world out there in the competitive landscape of telecommunications, and often the most intuitive, user-friendly, aesthetically pleasing device takes top honors. For years, the BlackBerry, brainchild of Research in Motion Limited (NASDAQ: RIMM) was THE device to have for yuppies on the go and young adults in need of a 24/7 e-mail fix. Then came Apple (NASDAQ: AAPL)'s iPhone and other hot devices to battle the BlackBerry's dominance. Today, RIM officials stepped up the competition, announcing new features to boost the ease and improve the service of BlackBerry's wireless e-mailing. According to an article in this morning's Wall Street Journal, BlackBerry users will "soon be able to edit documents directly from the handheld device and to view messages in their original formatting."
Other added functions include the abilities to check the availability of a colleague before attempting to book a meeting and retrieve e-mails that aren't stored on the device. Additionally, IT departments will be able to wirelessly update software on the devices.
The BlackBerry continues to position itself as the smart device for business users. David Heit, director of Enterprise Product Management for RIMM, told the Journal that the iPhone's appeal to the corporate market is unproven. My husband, an attorney, infinitely prefers the BlackBerry, with a functioning keyboard, to the iPhone touch screen.
The new features, announced during IBM (NYSE: IBM)'s Lotusphere conference in Orlando, will roll out during the first half of this year.
Beth Gaston Moon is an analyst at Schaeffer's Investment Research.
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Reader Comments (Page 1 of 1)
1-23-2008 @ 2:15PM
DAVE77 said...
I was checking out a penny stock "ADVR". I know they produce cancer drugs, but I don't see any movement in the stock. Does anyone have information as to why this company doesn't go through the roof
1-23-2008 @ 3:14PM
george scandalis said...
Well Dave,
It doesn't take a viral scientist to research this penny stock company and see that the biggest news they have so far this year is that they are going to revamp their website.
Oh yeah, and move their rented suite of offices across town.
Sounds like a formula for success to me Dave.
I hope they move before they do the website so they don't have to re-do the part of the website that has their address on it, that could eat into their profitability...going forward.
Good luck with your investment.
1-23-2008 @ 4:57PM
DAVE77 said...
I was hoping for a more intuitive comment from people that may actually know the firm. I can see that nothing is being done this early part of the year. But, I have heard that they are making progress in cancer drugs. If this is true or not I don't know, thats why I'm asking.