Will This Good News Boost RIM?
Research in Motion’s (NASDAQ:RIMM) BlackBerry 10 has received an important security clearance from the U.S. government, but whether this actually translates into increased profit for the company is still a big question.
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With the phone yet to hit the market, the Ontario-based company has received FIPS 140-2 certification for its new device, allowing government employees to start deploying it as soon as it is released. U.S government employees represent a huge portion of RIM’s customers and at least one of the units, the U.S. Immigration and Customs Enforcement agency, has insisted that its employees will continue to use BlackBerrys. However, they do also have the option to turn to Apple’s (NASDAQ:AAPL) iPhone or Google (NASDAQ:GOOG) Android devices, which leads to a huge possibility of the new BlackBerry being sidelined. There was even speculation that the new operating system might be “DOA,” or Dead on Arrival.
RIM’s vice president for global government solutions, Paul Lucier, said he was confident “that the base is very stable,” referring to the company’s North American customers. The new BlackBerry is set to hit store shelves in the first quarter of 2013. We will just have to wait and watch.
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