BlackBerry 10 vs. iPhone 5: RIM's Stock Rises as Apple's Dips
The BlackBerry 10 vs. iPhone 5 war has already begun as RIM's stock has seen a recent surge as Apple's stock has dipped in recent weeks.
RIM's shares are up another 8.4 percent on Monday and the company's stock is up 137 percent from some of the lows seen in September. It also saw a significant boost last Friday as its stocks were up 13.8 percent.
This jump is certainly due to the company's highly anticipated operating system BlackBerry 10, which will be unveiled by RIM at the end of this month.
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According to tech analysts, this is a good opportunity for RIM to regain its prominence after becoming virtually non-existent with the rise of other platforms such as Android, and iOS in recent years. BlackBerry 10 appears to be the company's last hope and if it does not meet expectations, it could seriously end the company's chances of ever being a serious player again.
Andrea Chang of The Los Angeles Times recently got a hands-on first look at a BlackBerry 10 device at this year's Consumer Electronics Show in Las Vegas. Upon looking at the device's screen, Chang declared that the phone "has a screen resolution better than the iPhone 5," and that it also has a "faster browser."
RIM also included a new Siri-like function in the BlackBerry 10 operating system, which shows that the company does not want Apple to have any advantages over it when it comes to features .
Apple recently cut back on its iPhone 5 component orders, according to The Wall Street Journal. The company was met with less demand for the device than expected in the beginning of 2013 and has chosen to ship less units.
This could be one of the reasons why Apple's stock recently dipped.
