Research In Motion has unveiled a new BlackBerry aimed at wooing consumers away from Apple's iPhone and other rivals, Reuters reports—but analysts said the handset won't blow away the competition. Even though the main features of the BlackBerry Torch, including a touch screen and slide-out keyboard, were well-known within the industry, investors registered their disappointment, driving RIM's Toronto-listed shares down 4 percent. The Torch will go on sale in the United States on August 12 for $199.99 with a two-year contract—about the same price as an iPhone. The new BlackBerry uses a revamped operating system and has a faster and...

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  • About the Author:

    Maya Prabhu