Technology Rumor of the Day: RIM
Niagara is a slimmer version of popular BlackBerry Curve and borrows some of the keyboard design from AT&T's (T) successful BlackBerry Bold. Like the BlackBerry Storm, Niagara is a 3G world phone, meaning that it works on Verizon's U.S. EVDO network and on Europe's GSM systems.
There has been recent speculation regarding the timing of the Niagara's arrival at Verizon. This is of no small concern for Wall Street observers who see the arrival as a potential last-minute enhancement to RIM's May quarter performance.
Coveted pictures of the Niagara have been lighting up the tech blogs as anticipation builds over the arrival of RIM's latest Verizon-flavored phone.If Niagara doesn't fall into a last-minute delay, it will be a timely perk for Verizon. Apple (AAPL) is expected to introduce a new iPhone sometime this year, and many tech fans are eagerly awaiting Palm's (PALM) Pre phone. Niagara will also provide juice to Verizon's BlackBerry line up. Storm sales, which have led all smartphones at Verizon lately, are starting to slow down. The Niagara will effectively succeed the Curve -- available at Verizon for nearly a year. Perhaps even more important is what Niagara means for RIM's plans for global conquest. As a world phone, RIM can sell the Niagara to Verizon's partner Vodafone (VOD), the world's second largest wireless telco.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV