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Technology Stocks : Smartphones: Symbian, Microsoft, RIM, Apple, and Others

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From: zax6/29/2012 2:52:09 PM
1 Recommendation  Read Replies (1) of 1647
 
I would love to have RIM in the WinPhone camp; they make great hardware. Unfortunately, its seems way late for them... I think bankruptcy, patent fire sale or takeover is far more likely at this point. Its really horribly sad, IMO.

Desperate RIM considering Windows switch, says report
By: Brad Reed | Jun 29th, 2012 at 09:00AM

bgr.com



Things have gotten so bad for RIM that the company is willing to look at Nokia’s strategy for guidance, Reuters reports. Citing unnamed sources, Reuters says that RIM’s board is under enormous pressure to make drastic changes to its business model, which may include selling off its network business and forming a strategic partnership with Microsoft to sell BlackBerry devices that come equipped with the Windows Phone 8 operating system that’s due to be released next year. Specifically, the sources said that “Microsoft CEO Steve Ballmer had approached RIM in recent months, looking to strike a partnership similar to the one the software giant has with Nokia.” RIM has spent much of the past year working on BlackBerry 10, the newest version of its operating system that is seen as make or break for the company. But with yesterday’s announcement that BlackBerry 10 will be delayed until at least the first quarter of 2013, it’s not too surprising that RIM is considering alternatives.
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