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Technology Stocks : Smartphones: Symbian, Microsoft, RIM, Apple, and Others
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To: zax who wrote (1399)7/4/2012 1:40:27 AM
From: Cogito   of 1647
 
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.”
I can't see why RIM wouldn't jump at the chance, considering what a boon that partnership has been for Nokia.

NOK closed at 9.36 the day the Microsoft/Nokia partnership was announced, on Feb. 11, 2011. Today, just 16 months later, it closed at 2.13. So NOK has lost about 77% of its value in that time.

Yeah, I'll bet the RIM board is salivating at the thought of getting ahold of some of that Microsoft magic.

Pardon my sarcasm, but seriously, to be fair, RIM will lose that much of its value in a shorter time than that, without any help from Redmond.
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