For Immediate Release
Chicago, IL – August 26, 2009 – 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 (RIMM), Google (GOOG), Yahoo (YHOO), Apple Inc. (AAPL) and Palm Inc. (PALM).
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Here are highlights from Tuesday’s Analyst Blog:
RIMM Bolsters Web Browser
Research In Motion (RIMM) yesterday announced that it acquired Torch Mobile, a web-based software and application developer. Torch Mobile uses the open-source web browser layout engine WebKit to develop web applications for mobile phones. The company’s flagship Iris Browser product is a web browser for mobile phones with a customizable interface and touch-screen control. Iris browser can be used on many devices and platforms. The browser contains software components for web services compatible with Google (GOOG) gadgets, Yahoo (YHOO) widgets, and several other web platforms.
RIMM has been able to successfully differentiate its BlackBerry products from other offerings in the communications market. BlackBerry smart-phones are admired globally for their best e-mail functionality. However, its web browsing capability is not as powerful as iPhone of Apple Inc. (AAPL), Pre of Palm Inc. (PALM) and Google Android. All of these browsers are based on the WebKit ecosystem. In order to remain competitive, RIMM has decided to strengthen its browser that will be able to support Flash and Silverlight Technologies.
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