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Leaks shed new light on BlackBerry 10

12 Jan 2013
BlackBerry 10 at BlackBerry Jam Americas 2012

Research in Motion (RIM) received some much needed good news Friday when leaked information of the upcoming BlackBerry 10 platform helped to push up its stock price.

The company saw its stock jump during US trading hours as investors seemed to react favourably to the leak of images from its planned mobile operating system refresh.

BlackBerry-focused site RapidBerry posted what it claimed to be a series of retail advertisement mock-ups which show the OS in various states. The images include shots of the BlackBerry 10 home screen and various applications.

Following the leaks, RIM shares went on a rally to close at $13.56, up from a start price of $11.76 on the NASDAQ market.

The jump was a welcome bit of good news for RIM on what could have been an otherwise difficult day for the company.

Earlier in the day, the company experienced an outage which impacted its services throughout the Europe, Middle East and Africa regions. The outage was later traced to a network equipment failure at Vodafone

RIM has set 30 January as the target release date for BlackBerry 10. With the company struggling to overcome years of financial woes, the release is seen by industry analysts as one of the most important in RIM's history.

Should the release, which has already been delayed once, fall flat in the market, industry watchers see the potential for a sale or break-up at RIM to help salvage some value for investors.

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Shaun Nichols
About

Shaun Nichols is the US correspondent for V3.co.uk. He has been with the company since 2006, originally joining as a news intern at the site's San Francisco offices.

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