Research In Motion Up On OK To Sell Blackberry In China

Jul. 5.07 | About: BlackBerry Ltd. (BBRY)

Research In Motion (RIMM) shares are set for another big up day, this time on the news that the company has received approval to sell its Blackberry smartphone in China.

The company reportedly had been seeking approval to sell its wares in China for eight years; it now plans to sell the Blackberry to corporate customers in Beijing, Shanghai and Guangzhou.

Research in Motion shares Thursday are up $7.43 at $215.37.