Research In Motion Limited (NASDAQ:RIMM) To Debut New Software

Research In Motion Limited (NASDAQ:RIMM) has been preparing to launch Mobile Fusion Device Management software for smartphones.

Research In Motion Limited (NASDAQ:RIMM) To Debut New Software

The BlackBerry maker Research In Motion Limited (NASDAQ:RIMM) is planning to release a new security software for smartphones including iPhone and Android devices.

The company will launch its ‘Mobile Fusion Device Management’ software next year.

Research In Motion Limited (NASDAQ:RIMM)’s vice president for enterprise product management Alan Panezic said, “What our enterprise customers are looking for, and the opportunity for us, is to become the de facto platform. We will take full advantage of whatever security capabilities are provided by the core operating system. We’re not going to hold that back in any way, shape or form”.

Research In Motion Limited (NASDAQ:RIMM) shares were at 16.48 at the end of the last day’s trading. There’s been a -40.8% movement in the stock price over the past 3 months.

Research In Motion Limited (NASDAQ:RIMM) Analyst Advice
Consensus Opinion: Moderate Sell
Mean recommendation: 3.32
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 2.89
Zack’s Rank: 2 out of 24 in the industry