Research in Motion: Too Little Too Late?

Research in Motion (NASDAQ:RIMM) announced the launch of two new Smartphone models that run on the Blackberry 7 operating system. The Blackberry Bold 9790 and Blackberry Curve 9380 will soon be available internationally through various telecom carriers.

The company’s market share of smart phones has been severely dented by the Apple (NASDAQ:AAPL) iPhone and other mobile devices running Google’s (NASDAQ:GOOG) Android operating systems. This has taken a heavy toll on RIMM shares which have fallen 68% this year. Irate investors such as Jaguar Financial Corp. have called for the company to split, sell itself, or seek a merger.

RIM is upgrading its operating system by including the QNX software it purchased last year, making it easier to write apps for the phone. Whether any of this matters has yet to be seen.

Here’s how these stocks are trading now:

  • Research In Motion Limited (NASDAQ:RIMM): The shares recently traded at $18.60, up $0.31, or 1.69%. Its market capitalization is $9.68 billion. They have traded in a 52-week range of $17.17 to $70.54. Volume today was 4,671,596 shares versus a 3-month average volume of 24,711,100 shares. The company’s trailing P/E is 3.40, while trailing earnings are $5.48 per share. About the company: Research In Motion Limited (RIM) designs, manufactures, and markets wireless solutions for the worldwide mobile communications market. The Company provides platforms and solutions for access to email, phone, SMS messaging, Internet, and Intranet-based applications. Get the most recent company news and stock data here >>
  • Apple Inc. (NASDAQ:AAPL): The shares recently traded at $384.61, up $5.35, or 1.41%. Its market capitalization is $357.46 billion. They have traded in a 52-week range of $297.76 to $426.70. Volume today was 4,999,063 shares versus a 3-month average volume of 20,598,400 shares. The company’s trailing P/E is 13.89, while trailing earnings are $27.68 per share. About the company: Apple Inc. designs, manufactures, and markets personal computers and related personal computing and mobile communication devices along with a variety of related software, services, peripherals, and networking solutions. The Company sells its products worldwide through its online stores, its retail stores, its direct sales force, third-party wholesalers, and resellers. Get the most recent company news and stock data here >>
  • Google Inc. (NASDAQ:GOOG): The shares recently traded at $613.71, up $0.71, or 0.12%. Its market capitalization is $198.77 billion. They have traded in a 52-week range of $473.02 to $642.96. Volume today was 863,466 shares versus a 3-month average volume of 3,451,480 shares. The company’s trailing P/E is 20.92, while trailing earnings are $29.34 per share. About the company: Google Inc. is a global technology company that provides a web based search engine through its website. The Company offers a wide range of search options, including web, image, groups, directory, and news searches. Get the most recent company news and stock data here >>

Don’t Miss: The Smartphone Macro Trend Continues for Apple and Google.

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