RIM expected to release 'iPhone killer' next week
RIM, the maker of BlackBerry smartphones is expected to release their 'iPhone killer,' the new Blackberry 9800 model, next week.
Vancouver — Shares of BlackBerry smartphone maker Research In Motion Ltd (RIM.TO) (RIMM.O) jumped early on Wednesday on speculation it is set to unveil a long-awaited touchscreen handset designed to battle Apple Inc's (AAPL.O) popular iPhone.
"The earlier they are going to say it is going to be available on the shelves the better. They don't want to miss one of the key seasons," he added, referring to the lucrative back-to-school period for retailers.
Carrier AT&T, initially, is expected to get exclusive U.S. rights to sell the new BlackBerry handset, analysts said.