DoD Approves Apple (AAPL) Devices; BlackBerry (BBRY) Shrugs-Off News

May 17, 2013 11:06 AM EDT
Shares of BlackBerry (Nasdaq: BBRY) are in positive territory as expected news finally came to fruition.

This morning, Bloomberg headlines crossed that Apple (Nasdaq: AAPL) mobile devices were approved for use by the U.S. military. The U.S. Department of Defense specifically cleared use of Apple devices running iOS 6, which includes iPhones and iPads.

BlackBerry will now be competing with Samsung and Apple for lucrative military contracts. Earlier in the week, BlackBerry held its Live 2013 event in which it introduced a slew of new features, updates, and products. One key item was BlackBerry Enterprise Service 10 (BES10), which allows for companies to disallow saving personal information on a device for extra security.

BlackBerry is up 0.6 percent.


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