Thursday, September 15, 2011

RIM Misses Earnings But Still Making Money, Still A Chance of A Comeback

Research In Motion, maker of the wildly popular (I think it’s true) Blackberries, is down more than 11% in the after hours after missing on their targets and winding up in the lower range of their prediction.

I guess that’ll take their market value down to about #13.5 billion or so when it’s all said and done. It really does make them very attractive for a buyout. Dell? Google back for some more after Motorola or forget Motorola and get after RIM instead? Or perhaps, Microsoft might be interested?

Certainly, Blackberry fans have nothing to be despaired about. RIM is still making money, not unlike Motorola. And it still has a few tricks up its sleeve with the new QNX “superphones” due out in 2012.

No comments:

Apple Should Prepare to Leave China (There Is Still Time To Execute Such A Plan)

At first glance, you might think that the title of this article is a clickbait considering that China is the second biggest economy in the w...