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Edition: U.S. Article Comments (0) Slideshow Save Email Print Reprints Most Popular Most Shared Depressed? You must like chocolate 26 Apr 2010 New Arizona law forcing hard choices on migrants 26 Apr 2010 Goldman fends off charge of exploiting home bubble | Video 4:52pm EDT Police barred from penis enlargement 23 Apr 2010 Mexico warns citizens may be "harassed" in Arizona 12:38pm EDT WRAPUP 6-Thai govt vows action as red shirts block trains 2:47pm EDT Police seize Gizmodo's computers over iPhone prototype 11:33am EDT Lawsuit exposes Wal-Mart to billions in potential damages 8:47am EDT Pirates rewrite script for Apple's China iPad launch 26 Apr 2010 S&P cuts Greek debt to junk, downgrades Portugal | Video 4:09pm EDT Depressed? 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Full Article | Video More entrepreneur profiles RIM shows new operating system Euan Rocha and Nicole Mordant TORONTO/VANCOUVER Tue Apr 27, 2010 3:17pm EDT Related News CANADA STOCKS-TSX rises to highest close since Sept 2008 Mon, Apr 26 2010 Big expectations for RIM at BlackBerry trade show Thu, Apr 22 2010 PREVIEW-Big expectations for RIM at BlackBerry trade show Thu, Apr 22 2010 RIM says video is big challenge to networks Fri, Apr 16 2010 RIM co-CEO says video is big challenge to networks Fri, Apr 16 2010 < 1 / 2 > View Full Size TORONTO/VANCOUVER (Reuters) - Research in Motion gave analysts a sneak peek at a revamped operating system for its BlackBerry smartphone on Monday and said it would launch it next quarter, propelling its shares higher. Technology | Media Describing the long-awaited operating system as one of the biggest BlackBerry overhauls in years, RIM co-Chief Executive Mike Lazaridis showed a short video of the system, called OS 6.0, to the analysts, who were gathered in Orlando, Florida. "Shock and awe," was the response in the room to the clip, said Mackie Research Capital analyst Nick Agostino in an email from the investor conference, which took place on the eve of RIM's annual Wireless Enterprise Symposium. That event runs through Thursday. Agostino said the audience was quiet during the demonstration and then broke into applause. "(It's the) first time I had seen that type of response midway through (a) presentation," Agostino said. The more touch-friendly operating system and display may help dispel concerns that rival smartphones like Apple Inc's iPhone and Motorola Inc's Droid are being favored by consumers, who want easy-to-use, intuitive devices. The snippet on OS 6.0 created a "big buzz," said Canaccord Adams analyst Peter Misek in an email from Orlando. RIM's stock, which earlier in the day was down almost 3 percent, retraced its losses as the operating system was unveiled. It ended C$2.29 higher, or up 3.2 percent, at C$72.87 on the Toronto Stock Exchange. On Nasdaq, the stock closed $2.08 stronger, or up 2.95 percent, at $72.70. Lazaridis said RIM aimed to make all its devices run the new operating system, although integration "takes time." Asked if existing BlackBerry smartphones could be upgraded, he said: "We are going to try and do our best to allow people to upgrade to 6.0." A new, more user-friendly browser, another key development investors want to see from RIM, will be included in the new operating system, Lazaridis said. NEW VERSIONS OF BOLD, PEARL Earlier in the day RIM said it is launching variations of two existing BlackBerry smartphones. A CDMA version of the high-end BlackBerry Bold will ship in May to both Verizon and Sprint Nextel -- two of North America's largest wireless carriers that run CDMA networks -- the company said in a statement. The BlackBerry Bold is already available to carriers that operate GSM networks. GSM and CDMA are the two main types of mobile technology used by wireless carriers around the world. CDMA lost the battle for global dominance but it still has a strong position in some markets. The Waterloo, Ontario-based company is also taking the wraps off a new 3G version of the Pearl, the smallest smartphone in the BlackBerry product range. The new GSM device will allow faster data downloads on newer 3G networks. Analysts hope the software improvements will allow RIM to compete more effectively against the iPhone, Droid and a slew of other smartphones that have been nibbling away at RIM's market share. Consumer-friendly enhancements, such as more powerful in-phone cameras and an easier-to-navigate display, are also in the offing, co-CEO Jim Balsillie said earlier on Monday. "You are going to see very powerful extensions on our part. I don't think you have to be too patient either," he said. RIM's apps store, which analysts say falls far short of Apple's offerings, is growing rapidly with downloads doubling in last 120 days to about 1 million a day. RIM also announced an upgraded version of its mobile voice system (MVS) technology on Monday, which allows for the seamless integration of a customer's office landline and BlackBerry. The technology currently allows the two devices to work as one and a user can route all outgoing calls through his office landline. The latest upgrade to the MVS technology will allow users to make and receive phone calls from their BlackBerry smartphones over a Wi-Fi connection. (Editing by Frank McGurty) Technology Media Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. More from Reuters Greece woes, Goldman case sink Wall Street NEW YORK (Reuters) - U.S. stocks tumbled on Tuesday as downgrades of Greece and Portugal fueled fear about euro-zone economic stability, and a grilling of Goldman Sachs on Capitol Hill heightened the possibility of financial reform. Goldman fends off charge of exploiting home bubble | Video WellPoint says to stop dropping patients after May 1 S&P cuts Greek debt to junk, downgrades Portugal | Video Senate faces fresh vote on bank rule reform Confidence up, home prices rise on annual basis » More Top News Goldman execs face grilling Goldman Sachs executives defended themselves at a Senate hearing against SEC fraud charges, and denied any wrongdoing. Live Coverage | Full Article No bet against clients: Blankfein Document: Blankfein's testimony Tourre: I didn't mislead anyone Document: Exhibits in Goldman case Infographic: The Goldman case Goldman Sachs S&P cuts Greek debt to junk Standard and Poor's slashed Greek debt to junk status and markets tumbled as investors worried political pressures could block a multi-billion euro bailout of Greece. Full Article Factbox: Emergency loans for Greece Contagion fears unfounded: Nowtny Merkel's tough love Felix Salmon: Too late to save Greece? Greece © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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