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Two Communication Giants Going Head To Head: (NASDAQ: RIMM), (NASDAQ: AAPL)
By: ACCESSWIRE
Posted on December 19, 2012 at 15:41 PM EST

New York (December 19th, 2012) - Research In Motion Limited (NASDAQ: RIMM), the maker of Blackberry smartphones, is marginally higher in mid-day trading today ahead of the release of the company’s third-quarter financial results. RIMM will release its quarterly results on Thursday.

RIMM has been gaining momentum since November amid expectations that the launch of new operating system and two phones early next year will help the company in its turnaround efforts. The stock has gained more than 73% since November. The gains could be extended if RIMM’s third-quarter results beat expectations.

Ahead of the quarterly earnings release, RIMM is up 0.52% to $13.79 in trading today on volume of 12.44 million, which is well below the daily average volume of 41.95 million.

Find out if this is the right moment to buy or sell RIMM by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=RIMM

RIMM’s rival, Cupertino, California-based Apple Inc. (NASDAQ: AAPL) is marginally lower in mid-day trading today after gaining sharply in the previous two trading sessions. AAPL, which is the maker of iPhone and iPad, rebounded this week after posting significant losses in the previous two weeks.

The stock fell more than 4% last week and 9% the week before. In today’s trading, AAPL is down 0.13% to $533.19 on volume of 7.25 million, which is nearly a third of the daily average volume of 23.93 million. AAPL is up more than 4.3% for the week.

AAPL rebounded this week after the company reported that iPhone 5 first weekend sales in China topped two million.

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Simply sign up for free and start receiving exclusive alerts. Subscribe Here: http://www.WallStreetReport.net Disclosure: WallStreetReport.net is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit WallStreetreport.Net website, for complete risks and disclosures. Contact Info: Michael BaineWALL STREET REPORTinfo@WallStreetReport.net347-905-5009

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Apple, Inc. Research In Motion Ltd
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