Shares in Research In Motion jumped more than 5 percent on Tuesday morning after an analyst praised its new QNX operating system as flexible, portable and likely to be integrated into its smartphones faster than expected.
A Chinese consumer service and the global popularity of its BlackBerry Messenger texting service are boosting RIM's international growth and should carry the Canadian company until it launches new QNX-based products, Jefferies analyst Peter Misek said in a research report.
A Chinese consumer service and the global popularity of its BlackBerry Messenger texting service are boosting RIM's international growth and should carry the Canadian company until it launches new QNX-based products, Jefferies analyst Peter Misek said in a research report.
The QNX operating system will make its first appearance in the PlayBook tablet due out early in 2011 and Misek, who upgraded RIM to "buy" from "hold" and raised his price target to $80 from $55, said QNX could be tested on handsets in the first quarter.
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