Tech News: Research In Motion Surges After a Jefferies Upgrade

By Anthony Shields  JAN 18, 2013 10:10 AM

Plus, does Samsung's Galaxy Note 8.0 have a secret weapon against the iPad Mini?


This column brings you the most interesting and useful business and financial commentary on the world of technology every day.

The Globe and Mail
Link: RIM Shares Surge on Key Analyst's 'Buy' Rating, Sharply Higher Target
“Shares of Research In Motion Ltd. (NASDAQ:RIMM) are rising sharply again in premarket action this morning, continuing a dramatic run as the launch of the BlackBerry 10 draws nearer and amid an upgrade from a key stock analyst.
“The stock is up by more than 6.5% so far before markets open.”
Link: Japan's Sharp Curbs iPad Screen Output as Apple Manages Demand Shift-Sources
Sharp Corp. (PINK:SHCAY) has nearly halted production of 9.7-inch screens for Apple Inc.'s (NASDAQ:AAPL) iPad, two sources said, as demand shifts to its smaller iPad mini.
“Sharp's iPad screen production line at its Kameyama plant in central Japan has fallen to the minimal level to keep the line running this month after a gradual slowdown began at the end of 2012 as Apple manages its inventory, the industry sources with knowledge of Sharp's production plans told Reuters.”
Link: Samsung’s Galaxy Note 8.0 May Have a Secret Weapon Against iPad Mini
“By this time next month, there could be another Galaxy Note in Samsung’s (PINK:SSNLF) arsenal of mobile devices. SamMobile claims to have uncovered specifications for an announced Android (NASDAQ:GOOG) tablet called the Samsung Galaxy Note 8.0. The alleged 8-inch slate would be extremely similar in size to Apple’s iPad mini, have a slightly higher resolution, and offer one key differentiation: an included S-Pen for digital ink activities.”
Link: Sony Plans to Sell off NYC Headquarters for $1.1B
“Japanese electronics behemoth Sony (NYSE:SNE) has agreed to sell its New York City-based U.S. headquarters for $1.1 billion to a group of investors led by the Chetrit Group, Bloomberg reports.
“Sony has struggled in recent years to make a dent in electronics world like it used to, losing much ground to companies such as Samsung, Apple, and LG (NYSE:LPL). Sony has lost ground in televisions and has yet to introduce its gaming console to succeed the PlayStation 3. (That could be announced as early as May.) On top of this, Sony has accrued losses the past four years and plans to slowly cut 10,000 jobs, so selling some assets seems like a decent idea.”
Link: Microsoft Fights Back on Antivirus Certification Fail, Claims Malware Tests Aren't Realistic
Microsoft's (NASDAQ:MSFT) Security Essentials anti-malware package has again failed to gain approval from German testing firm AV-Test, but Redmond says the malware samples used to assess the software don't reflect real-world conditions.
“Security Essentials 4.1 was amongst three of 25 security products tested that failed to gain certification for in AV-Test's November to December tests. Others were Symantec-owned PC-Tools and AhnLab's V3 Internet Security 8.0. The products were tested against malware samples on Windows 7.”
No positions in stocks mentioned.