The good news keeps coming for RIM! The stock is enjoying a nice upward trend and for the first time in a long while the media is being positive on the outcome of the company. We are getting close to release date, which you already know that N4BB will be covering live from all locations, and to make things better a Bloomberg article let us know that Wal – Mart in Canada and possibly the U.S, will be carrying BB10 phones. We recently saw that Walmart was offering the iPhone 5 with unlimited everything and pay as you go in the states with their straight talk network. What do you think of Wal- Mart carrying BB10? Sound off in the comments!
P.S Walmart is now taking pre orders in Canada so head over and order yours!
Jan. 22 (Bloomberg) — Wal-Mart Stores Inc., the world’s largest retailer, will sell Research In Motion Ltd.’s new BlackBerry 10 in Canada and possibly the U.S., giving the smartphone maker another ally in its comeback effort.
Wal-Mart’s Canadian unit is taking pre-orders from customers for the phone, which Waterloo, Ontario-based RIM will debut on Jan. 30, said Alex Roberton, a Wal-Mart Canada spokesman, following a meeting at Bloomberg’s Toronto office.
Wal-Mart is still confirming its plans for BlackBerry 10 in the U.S., spokeswoman Sarah Spencer said, declining to comment further.
RIM is counting on enthusiasm for the BlackBerry 10, especially in Canada where earlier models first appeared more than a decade ago, to reverse six quarters of declining sales and make the brand competitive again with Apple Inc.’s iPhone. RIM shares have nearly tripled since late September on optimism for its prospects of a recovery.
RIM jumped 13 percent to $17.90 at 4 p.m. in New York, its highest since Dec. 1, 2011.
Wal-Mart, based in Bentonville, Arkansas said today it will spend C$450 million ($453 million) building new outlets and renovating stores in Canada, and expects to have 379 locations in the country by the end of the month.