RIM Climbs as Analysts Forecast Growing Demand for PlayBook
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Research In Motion Ltd., whose shares have surged since it unveiled a tablet computer to compete with the iPad, climbed again as analysts forecast growing demand for the BlackBerry PlayBook.
The PlayBook has a chance to compete with tablets such as Apple Inc.’s iPad because of its QNX operating system, Peter Misek, an analyst with Jefferies & Co. in New York, said in a note today. The software offers stronger security and faster Web browsing than rival products, he said.