Windows 8 talk, plus RIM and Barnes & Noble shares rising

Developments from Microsoft, RIM and Barnes & Noble, companies always on GMSV’s radar because they affect and compete with Silicon Valley’s own.

Intel CEO Paul Otellini told the company’s workers in Taiwan that Microsoft is going to release Windows 8 before it’s ready, according to Bloomberg, which cites an unidentified source. Windows 8 is expected to be released Oct. 26; a preview of the radically different operating system — which makes way for the touchscreen tablet world — has been available since February. (See Peeking at Windows 8.)

Bloomberg says analysts have expressed the same sentiments as the chip maker’s CEO. Their concerns include bugs and kinks that have yet to be fixed, and not enough applications.

VentureBeat’s Dean Takahashi writes that if Otellini did say what Bloomberg reports he said, “it’s a big ‘whoops’ moment” because Intel will “suffer” if Windows 8 fails. While Microsoft will also use chips designed by Intel competitor ARM — which has thrived amid the rise of mobile devices — it will continue to use Intel chips also.

Microsoft shares were off about 1 percent to $30.11 as of this post.

• Speaking of thriving amid the rise of mobile devices, RIM has not. The BlackBerry maker has struggled to keep up with Google‘s Android devices and Apple‘s iGadgets.

But the Canadian company’s shares are on the rise today, a day after a developers conference and a day before it’s scheduled to announce earnings. The Merc’s Troy Wolverton found developers attending the San Jose conference Tuesday to be excited about new tools Research in Motion is providing to make things easier for them. And ahead of the company’s earnings report, investors have newfound enthusiasm after RIM announced it had gained 2 million new subscribers in the quarter and said its new phones are on track to be released in early 2013.

RIM shares were rising sharply, up about 6 percent to $7 on the Nasdaq, as of this post.

• Barnes & Noble also is seeing a big boost in its shares today. They’re up more than 5.5 percent to $12.96. The bookseller announced this morning that it is releasing a couple of new Nook HD tablets that will be ready to compete with tablets by Apple, Amazon.com, Google and more in time for the holiday shopping season.

Analysts tell the Associated Press that Barnes & Noble’s new tablets can compete with the iPad on price, and a Forrester analyst said the Nook is a better hardware choice than Amazon’s Kindle Fire.

The announcement of the new tablets comes after Barnes & Noble said Tuesday it would be rolling out a  new video service, which also puts in a better position to compete with the aforementioned tablet makers.

 

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