6 Tech Stocks to Own Now
Jim Woods, June 26, 2009
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Tech Stock #5: Research In Motion (RIMM)
The makers of the iconic BlackBerry smartphone have been the undisputed champion of the corporate cell phone space for many, many years now. Research In Motion (RIMM) is far out in front of nearest rival Palm (PALM), and though Apple (AAPL) has started to make some progress in the corporate smartphone market, when it comes to serving the needs of big corporate smartphone users, Research In Motion is virtually in a class by itself.
According to the latest corporate IT spending survey, corporate smartphone buying is set for a big resurgence in the coming quarter. Thirty-six percent of respondents reported their company plans to buy smartphones in Q3, and in terms of manufacturers, Research In Motion continues to maintain its dominant share of those planned purchases going forward.
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