BlackBerry Gets Boost By Big Order For New Smartphone Read More At Investor's Business Daily: http://news.investors.com/technology/031313-647885-blackberry-stock-rises-on-big-smartphone-order.htm#ixzz2OJLrdxPX Follow us: @IBDinvestors on Twitter | InvestorsBusinessDaily on Facebook
Smartphone news is running hot: BlackBerry (BBRY) shares jumped 8.2% in the stock market today
and were up another 2.5% in after-hours trading, as a partner ordered 1
million devices running its newest operating system, BlackBerry 10. And
now all eyes are fixed on Samsung for the unveiling of its new Galaxy
smartphone late Thursday.
"An order for 1 million devices is a tremendous vote of confidence in BlackBerry 10," Rick Costanzo, executive vice president of global BlackBerry sales, was quoted as saying in a blog post at BlackBerry.com Wednesday. The company introduced the BlackBerry Z10 and BlackBerry Q10 smartphones in January.
Cell carrier Verizon (VZ) said late Wednesday afternoon that it will start selling the BlackBerry Z10 on March 28, though AT&T (T) and Best Buy (BBY) already have pre-order capability. T-Mobile and Verizon Wireless are shown in "pre-register" mode at the BlackBerry website.
Meanwhile, Samsung — which has seen strong adoption of its big-format Galaxy S3 phone that has a 4.8-inch display — is expected to unveil the next version, the Galaxy S4, on Thursday night. The event will be streamed live streaming event over YouTube, starting at 7 p.m. ET. But is the South Korean company going to introduce the S4, or something else? Samsung Mobile says at its YouTube site simply: "Come And Meet The Next Galaxy."
The Galaxy phone is powered by Google's (GOOG) Android operating system, which is racking up user gains in rivalry with Apple's (AAPL) iPhones, which cost more. A Galaxy S3 with 16 gigabytes of memory was going for $99 with a new two-year cellular activation at BestBuy.com on Wednesday.
Verizon, AT&T and Sprint Nextel (S) stocks all slipped a fraction Wednesday. But they're up 11%, 9% and 4%, respectively, this year. RIM has vaulted 31% this year, while Apple has fallen 19%.
A week ago ComScore reported U.S. smartphone subscriber market share as 37.8% for Apple, 21.4% for Samsung, 11.4% for HTC, 8.6% for Google-owned Motorola and 7% for LG. Apple's share was up 3.5 percentage points for the three months ended in January and Samsung was up 1.9 points.
"An order for 1 million devices is a tremendous vote of confidence in BlackBerry 10," Rick Costanzo, executive vice president of global BlackBerry sales, was quoted as saying in a blog post at BlackBerry.com Wednesday. The company introduced the BlackBerry Z10 and BlackBerry Q10 smartphones in January.
Cell carrier Verizon (VZ) said late Wednesday afternoon that it will start selling the BlackBerry Z10 on March 28, though AT&T (T) and Best Buy (BBY) already have pre-order capability. T-Mobile and Verizon Wireless are shown in "pre-register" mode at the BlackBerry website.
Meanwhile, Samsung — which has seen strong adoption of its big-format Galaxy S3 phone that has a 4.8-inch display — is expected to unveil the next version, the Galaxy S4, on Thursday night. The event will be streamed live streaming event over YouTube, starting at 7 p.m. ET. But is the South Korean company going to introduce the S4, or something else? Samsung Mobile says at its YouTube site simply: "Come And Meet The Next Galaxy."
The Galaxy phone is powered by Google's (GOOG) Android operating system, which is racking up user gains in rivalry with Apple's (AAPL) iPhones, which cost more. A Galaxy S3 with 16 gigabytes of memory was going for $99 with a new two-year cellular activation at BestBuy.com on Wednesday.
Verizon, AT&T and Sprint Nextel (S) stocks all slipped a fraction Wednesday. But they're up 11%, 9% and 4%, respectively, this year. RIM has vaulted 31% this year, while Apple has fallen 19%.
A week ago ComScore reported U.S. smartphone subscriber market share as 37.8% for Apple, 21.4% for Samsung, 11.4% for HTC, 8.6% for Google-owned Motorola and 7% for LG. Apple's share was up 3.5 percentage points for the three months ended in January and Samsung was up 1.9 points.
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