Rim shares rise to highest level since late 2011 as Blackberry 10 optimism grows
RIM shares rise to highest level since late 2011 as Blackberry 10 optimism grows Research In Motion Ltd. jumped to its highest level since late 2011 after Chief Executive Officer Thorsten Heins reiterated the BlackBerry maker is considering strategic options, including selling its hardware unit.
In a note to clients, Mr. Fan says ``it is clear'' that RIM is ``entering a higher mass market appeal level'' with more versions of its BlackBerry in the near term, along with greater manufacturing and infrastructure scale coming on stream in the second half of the year.