Research In Motion Limited (NASDAQ:RIMM) has launched the ‘10K Developer Commitment’.

Research In Motion To Reward Developers

Research In Motion Limited (NASDAQ:RIMM) has launched a new ‘10K Developer Commitment’ which will offer $10,000 to developers who build apps for BlackBerry 10.

The BlackBerry maker will give the bonus if the app earns more than $10,000. The app has to be submitted before the expected launch of BB10 in the first quarter of next year.

Research In Motion Limited (NASDAQ:RIMM) said in a blog post, “If your app earns more than $10,000 USD – awesome! – you still don’t qualify (and don’t need the money anyway!). Quality matters. And we have every confidence in our developer community’s ability to be successful. With your creativity and ingenuity, backed by our mutual commitment to quality, the BlackBerry 10 app ecosystem is going to be the best in the world”.

Research In Motion Limited (NASDAQ:RIMM) shares were at 6.72 at the end of the last day’s trading. There’s been a -36.9% movement in the stock price over the past 3 months.

Research In Motion Limited (NASDAQ:RIMM) Analyst Advice
Consensus Opinion: Moderate Sell
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 19 out of 27 in the industry