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RIM is now Canada’s largest company
Well, the stock rush from yesterday has earned RIM status as Canada’s biggest company by market share value. The Royal Bank of Canada used to hold the spot as top dog on the Toronto Stock Exchange, but after falling to $53.58, RIM’s 1.1% climb was enough to make it king of the hill. Tech hasn’t been this big since Nortel, back in the heady days of 2000, and as both a Canadian and tech enthusiast that’s some pretty good news. Now we just have to wait and see if the Chinese release of BlackBerrys which spurred the rally was worth all the hype. It’s hard to imagine BlackBerry doing poorly over there, but you never know…
Related posts:
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- RIM tops Canadian brand rankings
- Canada has highest BlackBerry penetration in the world?
- Immigration Canada tells employess to put BlackBerrys away
- Chunk of Canadian spectrum set aside for the underdog
Posted by Simon Sage in News, RIM News
Comments [6 Responses]
October 24th, 2007 at 3:22 pm
[...] as Canada?s biggest company by market share after the Chinese release announcement yesterday. RIM is now Canada’s largest company | BlackBerry Cool BlackBerry Cool - the voice of the BlackBerry [...]
October 24th, 2007 at 7:26 pm
[...] semi-unrelated to this is that RIM is now the largest company (by market valuation) in Canada. Technorati Tags: blognation, blognation Canada, Blackberry, Facebook, RIM, Research in Motion [...]
December 18th, 2007 at 5:14 pm
[...] semi-unrelated to this is that RIM is now the largest company (by market valuation) in Canada. Technorati Tags: blognation, blognation Canada, Blackberry, Facebook, RIM, Research in [...]
March 20th, 2008 at 7:19 am
[...] For those Canadians banking from the Quebec side, it even has a French version. Last year RIM overtook RBC as the largest Canadian company out there. I guess if you can’t beat ‘em, might as [...]
June 17th, 2008 at 9:18 am
[...] according to a study by Interbrand, with a brand value of $5,607.6 million. So not only is RIM topping the Toronto Stock Exchange, but they’re also the most recognizable Canadian company out there. Appropriately enough, the [...]
