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RIM death watch

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AnitaPeterson said:
I found this article to be quite an eye-opener: http://www.bgr.com/2011/07/13/rims-...l-of-the-company-that-made-smartphones-smart/

Here's a quote: “BlackBerry smartphones will never have cameras because the No. 1 customer of ours is the U.S. government,” Mike Lazaridis would say in meetings. “There will never be a BlackBerry with an MP3 player or camera.”


Ouch.

And with Android on Playbook being postponed, I don't think there's much wind in their sails...
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I'm just trying to figure out what's more stupid; Posting a quote from 2003 or applying said quote to the situation today.
 
Stock is back up over 9% today. Of course everyone is up today, just like everyone was down the other day.
 
Sprint canceled it's plans to sell the Playbook. Says a lot when you consider Sprint doesn't have the iPad and they're still rejecting the Playbook on their network.
 
Stock is up another 10% today. Apparently investors think Google's Motorola deal means good things for RIM? Intriguing.
 
Lifted said:
More likely is that they think RIM is an acquisition target.
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What the hell is RIM worth right now?

Google paid $12 billion for Motorola. Thought RIM was worth $15 billion, or was it $25 billion? Bah, if Google bought Motorola, Microsoft paid Nokia "hush money" (felt like using it), and Apple is all set, who the hell is left to buy RIM?
 
Imp said:
What the hell is RIM worth right now?

Google paid $12 billion for Motorola. Thought RIM was worth $15 billion, or was it $25 billion? Bah, if Google bought Motorola, Microsoft paid Nokia "hush money" (felt like using it), and Apple is all set, who the hell is left to buy RIM?
Click to expand...

If I knew the answer to that I probably would have bought some stock myself. 😛

My only guess is HP. They may decide to make a move after their failed(?) attempt with WebOS.
 
Lifted said:
If I knew the answer to that I probably would have bought some stock myself. 😛

My only guess is HP. They may decide to make a move after their failed(?) attempt with WebOS.
Click to expand...

No way they abandon WebOS this quickly - the Pre3 is really their best chance to jumpstart the brand.
 
Only folks I can think of that might buy RIM would be a private equity company or a Chinese company.

Microsoft and Apple won't be interested, to that narrows down the field quite a bit.
 
Aha, RIM currently has a market cap of $12.7 billion Canadian or $12.9 Americano.

Tack on a premium and it should be less than $20 billion. Cisco maybe? But Cisco just started getting rid (done yet?) of their consumer product line.
 
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