Ouch condition! Well, this is what I meant for Research In Motion, even the song, London Bridge is falling down, also suits somewhere for the company as Wedge Partners analyst Brian Blair, in an oddly candid research note clearly stated that “We don’t believe RIM has much to offer,” what it means that do the company is done with its work, it is done with all its assets, may be YES.
A few days ago we heard that the BlackBerry maker, Research In Motion is considering a plan to divide its handset business and messaging network into two separate companies, and over the top will sell off its struggling BlackBerry business. The company even recently hired RBC and JP Morgan to help it to conduct a strategic review.
Further, one more chance is probably coming out is that the company would sell a largest piece of stake to a corporation like Microsoft. Well, that’s the option, although the company already geared up to start firing up its 6,000 employees so as save $1 billion by the end of fiscal year. Even, IDC in its recent report states that Blackberry expects third-place and slip from 1.7% to 1%.
We are expecting a lot more to come, bringing fireworks and turning the Research In Motion up and down.
(Image Source: RIM logo, Featured Image)