Blackberry (NASDAQ:BBRY)
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The company behind the BlackBerry, Research In Motion provides a range of wireless hardware, software, and services.
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The company behind the BlackBerry, Research In Motion provides a range of wireless hardware, software, and services.
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Unexpected positive quarterly earnings drove the stock price up, but it's on an inevitable downfall. Sales in some emerging markets (i.e. Indonesia) may seem to be a good sign, but there's very low switching costs and customers will continue to gravitate away from RIMM's products as better and cheaper alternatives continue to hit the markets.