The Zacks Analyst Blog Highlights: Research In Motion, InterDigital, Nokia,
Apple and Google
CHICAGO, Jan. 4, 2013
CHICAGO, Jan. 4, 2013 /PRNewswire/ --Zacks.com announces the list of stocks
featured in the Analyst Blog. Every day the Zacks Equity Research analysts
discuss the latest news and events impacting stocks and the financial markets.
Stocks recently featured in the blog include Research In Motion Limited
(Nasdaq:RIMM), InterDigital Inc. (Nasdaq:IDCC), Nokia Corporation (NYSE:NOK),
Apple Inc. (Nasdaq:AAPL) and Google Inc. (Nasdaq:GOOG).
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from the Pros newsletter: http://at.zacks.com/?id=5513
Here are highlights from Thursday's Analyst Blog:
RIMM Extends Patent License
Research In Motion Limited (Nasdaq:RIMM), the maker of Blackberry, has
extended the terms of its patent license agreement with wireless technology
developer InterDigital Inc. (Nasdaq:IDCC). The deal is believed to boost
Research In Motion's patent portfolio ahead of the much awaited launch of its
Per the deal, the struggling handset manufacturer has extended its worldwide,
non-exclusive, royalty bearing patent license deal for a multi-year period
with InterDigital's patent holding subsidiary. Additionally, they have
modified the contract to some extent by adding patent license for the LTE and
LTE-Advanced products. However, the terms and financial details of the deal
are yet to be disclosed.
Recently, Research In Motion ended a long-standing patent related dispute with
Nokia Corporation (NYSE:NOK), whereby the former will make an upfront payment
and will also continue to make payments to the Finish handset manufacturer for
the use of its patents. It seems that Waterloo, Ontario-based Research In
Motion doesn't want to remain in any patent related dispute before the launch
of BB10-based device.
The beleaguered handset manufacturer has been struggling for quite some time
owing to an increasing competition, primarily from
(Nasdaq: AAPL) iPhone and from other smartphone manufacturers, which runs on
(Nasdaq: GOOG) Android platform.
The Canadian company is betting on its new Blackberry 10 OS-based devices,
which are slated to release in the first half of 2013. The new smartphone with
advanced feature could be a potential game changer, provided it can attract
attention of more consumers.
Research In Motion doesn't have a lot of 4G enabled devices other than its
Playbook tablet. With the increasing adaptation of 4G around the world, we
believe this patent deal will aid the company to enrich its 4G enabled device
We maintain our long-term Neutral recommendation on Research In Motion.
Currently, it holds a short-term Zacks #3 Rank (Hold).
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