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Research in Motion Unveils Next Generation Mobile Platform BBX

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Uploaded by on Oct 18, 2011

Research in Motion (NASDAQ:RIMM) unveiled BlackBerry BBX, its next generation mobile platform that it says takes the best of the BlackBerry platform and the best of the QNX platform.

Additionally, RIM announced a series of developer tool updates, including WebWorks for BlackBerry smartphones and tablets, the Native SDK for the BlackBerry PlayBook and a developer beta of BlackBerry OS 2.0 with support for running Android applications.

Research In Motion (NASDAQ:RIMM) has potential upside of 24.8% based on a current price of $22.94 and an average consensus analyst price target of $28.63.

Research In Motion is currently below its 50-day moving average (MA) of $25.74 and below its 200-day MA of $43.12.

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