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Tech News: Why RIM Believes in the BlackBerry 10

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Plus, how will Lenovo's impending leadership in the PC market affect HP?

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This column highlights the most interesting and useful tech commentary from around the Web each day.

VentureBeat
Link: Hustle and Flow: Why RIM Believes BlackBerry 10 Can Beat the Competition
"BlackBerry 10 (NASDAQ:RIMM) is late. Late for its originally scheduled release date, and even later to a mobile revolution that some say has already been won by Google (NASDAQ:GOOG) and Apple (NASDAQ:AAPL). But the word 'late' doesn't seem to be in RIM's lexicon.

"'I don't think we're coming late, per se,' Jeff Gadway, senior manager of brand and marketing communications at Research In Motion, told me today in an interview at CTIA MobileCON. 'The smartphone category as a whole is really just in its infancy. There's still a tremendous amount of smartphone growth both in the United States and around the world.'"

TechCrunch
Link: HP May Still Be the King of PCs, But Lenovo Will Usurp the Throne Next Quarter
"Depending who you ask, Lenovo (HKG:0992) topped HP (NYSE:HPQ) in 2012′s third quarter to become the top worldwide PC supplier. Research firm Gartner reports Lenovo shipped just slightly more PCs than HP to hit a 15.7% marketshare, besting HP's 15.5% marketshare. But IDC reports an additional segment and therefore different numbers; HP is still on top per IDC."

Daily Finance
Link: Is Amazon.com Really Worth $250?
"So far in 2012, Internet retailer Amazon.com (NASDAQ:AMZN) has soared 45% as new iterations of its Kindle debuted, the movie and TV division is gaining traction, and it continues to decimate the brick-and-mortar business models of Best Buy (NYSE:BBY) , RadioShack (NYSE:RSH) and possibly even Staples (NASDAQ:SPLS) and other office supply retailers. In short, it's become a retailing juggernaut, but at $250 a share it exhibits all the frothiness it ever has."

Insider Monkey
Link: Microsoft Corporation (MSFT) Not Just Software: Ballmer
"Microsoft Corporation (NASDAQ:MSFT) has developed quite a legacy in the tech world by developing software like the Windows operating system and all things related. But with the impending release of the proprietary tablet computer called the Surface, there has been some speculation that Microsoft Corporation could be evolving into in its full ecosystem from soup to nuts, just as Apple Inc. has done."

GigaOm
Link: SoftBank Reportedly in Talks to Acquire Sprint
"SoftBank (TYO:9984), Japan's third-largest mobile carrier, is reportedly in advanced talks to acquire a controlling stake in Sprint (NYSE:S), according to several different news reports. SoftBank hasn't confirmed the deal and is reportedly 'checking the facts' of the report.

"Japanese newspaper Nikkei said that SoftBank is looking to spend more than 1.5 trillion yen ($19.2 billion) to gain two-thirds of Sprint's stock. Another report in the Wall Street Journal, quoting a source close to the situation, said that SoftBank was willing to spend more than 1 trillion yen ($12.8 billion) to buy Sprint."

The Statesman Sentinel
Link: Apple Inc. Is in a Tough Battle With Google Inc., says Eric Schmidt
"Apple Inc. is now moving in parallel with Google Inc. in the smartphone platform fight, as disclosed by Google's chairman Eric Schmidt. In a recent interview to All Things Digital, he said that the recent burgeoning battle between Apple's iOS and Google's Android will pave the way for the future outcomes.

"By giving references to several consumer surveys, he said that Google Inc.'s Android is surpassing Apple in terms of end customer count. It may seem lucid, as the Cupertino California-based Apple Inc. recently declared an official apology after its mapping service encountered sever problems. Apple Inc.'s CEO directed users to Google maps while they set for retrofitting the service."

No positions in stocks mentioned.
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