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I'm suspicious that these stories are an attempt to drive down RIM's share price for a takeover. 12-15 months just doesn't seem realistic. RIM is profitable w

• WiseWeasel 15y ago
  RIM announced a significant loss of $125M last quarter, along with a 29% drop in smartphone revenue and 26% drop in units shipped from the same quarter last year. They've got $2B in cash, and their phone business, while still profitable, is only making about a 5% margin (profits which were wiped out by the losses in tablets). With what could be considered a substantial technical deficit relative to their competitors, with their touch-screen interface products failing to gain traction, it's difficult to imagine RIM being able to make the investments needed to compete effectively as their current crop of phones continue to lose favor. 12 months might be a bit short, but if their revenue continues in this free-fall, it's not out of the question that their stock will be below the value of their assets by that point, simply out of expectation of future collapse. http://www.asymco.com/2012/03/30/rim-to-give-up/ http://www.asymco.com/2012/03/30/rim-to-give-up/