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RIM PlayBook, Microsoft: Weekly Tech Recap

RIM previewed its tablet during a busy tech earnings week.

NEW YORK (

TheStreet

) -- During a busy tech earnings week, BlackBerry maker

Research In Motion's

(RIMM)

gave the world a sneak peek at its new PlayBook tablet.

On Monday, RIM's co-CEO Mike Lazaridis

previewed the PlayBook

during a demo at

Adobe's

(ADBE) - Get Adobe Inc. Report

MAX show in L.A., allaying fears that the device was delayed.

The demo, combined with

ongoing RIM M&A chatter

, quickly impacted the company's stock and sent RIM shares up to close at 5.49% Monday.

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More details of the PlayBook emerged Friday, when reports hit saying

RIM is gearing up for a March PlayBook launch.

In a note, Mike Abramsky, an analyst at RBC Capital Markets, cited a Swedish media report, saying that the March U.S. arrival could coincide with an international launch.

RIM closed out the week up 71 cents on Friday, or 1.26%, to $56.92.

The

Apple

(AAPL) - Get Apple Inc. Report

iPhone continues to gain global market share. Apple

leapfrogged RIM

to take fourth place in total worldwide phone market share, according to an IDC report released late on Thursday.

Apple, with shipments rising 90% year-over-year, took a 4.1% share of the total phone market.

Apple closed down $4.26 at $300.98 Friday.

Software giant

Microsoft

(MSFT) - Get Microsoft Corporation Report

beat first-quarter earnings estimates

by a wide margin Thursday afternoon, boosted by strong sales of its Windows 7 operating system, Office 2010 and Xbox 360.

Despite some

skepticism about Microsoft

on many fronts -- the impact of softening consumer PC demand, its late arrival to the mobile device market -- the company's results prompted

Barclays and BofA/Merrill to raise their price targets for the company

.

The software maker's shares closed up 4.08% for the week.

It was also a big week for

Motorola

(MOT)

. The phone maker

swung to a profit

in the third quarter after three years in the red on strong Android phone sales.

Third quarter sales were $5.8 billion, up 6% from year-ago levels and above the $5.66 billion analysts were looking for. The strong performance helped ease concerns that Motorola's turnaround bid was already facing challenges in a competitive market.

Motorola shares closed up 3 cents, or 0.37%, at $8.16 on Friday.

In other earnings news, security software makers

Symantec

(SYMC) - Get Symantec Corporation Report

and

McAfee

(MFE)

also

beat Wall Street's estimates

. They both cited

strength in the government and enterprise sectors.

Oracle's

(ORCL) - Get Oracle Corporation Report

legal battle with

SAP

(SAP) - Get SAP SE Report

also grabbed the

headlines

this week.

In court documents released Thursday

, Oracle said that SAP had notified it via email that it won't contest Oracle's claim for contributory copyright infringement. Oracle is seeking substantial damages from SAP after accusing the firm of stealing its software.

In earlier court documents, SAP already admitted wrongdoing, but SAP is challenging Oracle's claim for damages. Oracle is reportedly seeking $2 billion; SAP says a settlement in the "tens of millions

of dollars, at most," would be fair. A jury trial to settle the case is scheduled to begin on Monday.

Oracle closed slightly up -- 0.02 cents -- to $29.38.

Tech's Week Ahead

Earnings to look out for next week include high-tech glass maker

Corning

(GLW) - Get Corning Inc Report

, which reports third-quarter results Monday.

Qualcomm

(QCOM) - Get Qualcomm Inc Report

will post fourth-quarter results on Wednesday.

--Written by James Rogers in New York.

>To follow the writer on Twitter, go to

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