1416 posts and columns on AT&T
After the merciless drubbing BlackBerry’s stock suffered Monday, Tuesday offered a welcome respite. Shares of the struggling smartphone maker rose 1.62 percent to close at $14.46, reclaiming some of the ground they lost over the preceding two trading days as the market reacted to reports of weak demand for the new BlackBerry Z10 in the United States. Why the sudden reversal? A bullish analyst note or two predicting stronger than expected results from BlackBerry on Thursday.
News Byteexpected, AT&T will begin accepting preorders for BlackBerry’s new Z10 smartphone Tuesday, ahead of its retail debut on March 22. The first of two new handsets to run on the BlackBerry 10 operating system, the Z10 will sell for $199.99 with a two-year service contract.
News Byteconfirmed plans to offer BlackBerry 10 devices on their networks. Hardly surprising, considering RIM has longstanding relationships with all four. That said, their support is obviously crucial for RIM’s effort to recover from an ugly decline that has left it with just over 5 percent of the global smartphone market.