RPT-BAY STREET-RIM results could fuel more BlackBerry 10 buzz
* Big catalyst for RIM remains the launch of its BB10 line
* Investors will seek clues, new details on BlackBerry 10
* Cash pile, subscriber numbers to draw attention
* Downtrodden share price has doubled since Sept. 24
By Euan Rocha and Allison Martell
TORONTO, Dec 16 (Reuters) - The surprising rally in Research In Motion stock from its September depths shows no signs of waning ahead of next month's crucial launch of the company's BlackBerry 10 smartphones, and the stock could ring up more gains if RIM delivers on a handful of telling metrics in its quarterly report on Thursday.
At this stage, profit and revenue won't matter much for RIM . The company will likely report a third straight quarterly loss, reflecting declining monthly service fees, ebbing device sales and other problems.
What investors want to see are indications of momentum as the BB10 launch on Jan. 30 approaches. The new line is probably the company's last hope of reclaiming market share lost to Apple's iPhone and devices powered by Google's Android operating system. Continued...