Research In Motion ended last week with a huge surge in its stock. The Canadian BlackBerry maker has now started this week in similar fashion.
On Friday, RIM shares shot up 14%, the biggest one-day jump in more than two years. Not even a widespread outage could slow down the incredible gains.
“What you’re seeing here is the anticipation of the launch of these new phones, the anticipation of potentially healthy sell-through for at least one or two quarters,” Anil Doradla, an analyst at William Blair & Co. in Chicago, told Bloomberg at the time.
Today, RIM shares have climbed more than 10% in trading. They’re now close to a 52-week high after months of floundering.
As Apple supposedly struggles, we’re seeing wireless carriers voice their support for RIM’s next generation of smartphones. T-Mobile CEO John Legere told Reuters that his company is “extremely optimistic [BB10] is going to be a successful product” and added that “our business customers are extremely interested in it.”
RIM will unveil BB10 on January 30.