Linked by Howard Fosdick on Wed 30th May 2012 06:46 UTC
PDAs, Cellphones, Wireless Struggling RIM will layoff up to 2,000 employees in an attempt to right itself while it pins its hopes on the Blackberry 10. Wireless industry analyst Peter Misek of Jefferies & Company opines: "We maintain that the only path for RIM is to partner with someone, to be acquired, or to turn themselves into a software company, and I think that path with become very clear to the management team by the end of the year."
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Meh
by twitterfire on Wed 30th May 2012 15:34 UTC
twitterfire
Member since:
2008-09-11

What assets does RIM have to make it so valuable for the potential buyer to pay tens of billions for it? I guess RIM won't sell for less.

As a software only company RIM doesn't stand a chance. Sell the software to who? Anybody can get Android for free, WebOS for free, Tizen for free, Bada OS very cheap.

Their only chance is to took it from where Nokia left: make cheap phones, mid level phones, quality phones, durable phones with good battery life. Don't cater only to a few selected business but to mass market.

Reply Score: 2

RE: Meh
by anda_skoa on Thu 31st May 2012 09:43 in reply to "Meh"
anda_skoa Member since:
2005-07-07

What assets does RIM have to make it so valuable for the potential buyer to pay tens of billions for it?


Enormous amount of real estate. RIM has been investing into real estate for more than a decade, it is said that they are one of the top three owners of real estate in Canada.

Successful companies do not always just invest into their business or related assets (e.g. manufacturing facilities), often they invest into things that are totally unrelated so they can either be sold, rented to used as guarantees for banks if cash is needed

Reply Parent Score: 2