Jefferies analyst Peter Misek raised his ratings on Research In Motion Limited (USA)(NASDAQ: RIMM) stock to "Buy" from "Hold" with an increase in its price target by 50% to $19.50 saying that he sees promising potential of its new Blackberry 10 device. BlackBerry 10 is officially to be launched on January 30.
Reuters reported that Research In Motion Ltd will look into strategic alliances with other technology companies once it has launched its new BlackBerry 10 models, its Chief Executive told a German newspaper.
Research In Motion Limited (RIM) is a designer, manufacturer and marketer of wireless solutions for the worldwide mobile communications market.
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Microsoft Corporation (NASDAQ: MSFT) entrance into the tablet market has not been as per expectations. Sales of Microsoft Corporation’s new Surface tablet are uninspiring. It is speculated that Microsoft probably will sell between 500,000-600,000 Surface tablets in Q2 of FY2013, while the company had estimated tablet sales to be between 1 and 2 million.
Also Lenovo is reported to launch latest laptop models especially designed for school children that would be compatible with Google Inc. (GOOG) Operating System rather over Microsoft Corporation (MSFT).
Microsoft Corporation is engaged in developing, licensing and supporting a range of software products and services.
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