In a previous blog post I wrote about who would buy Nokia. Well, buying RIM right now looks like a logical thing to do if you are a computer maker, like Acer or Lenovo or Dell. The computer makers want to get into the new frontier and RIM can get them there, at least for now.
RIM market cap today is $13.5b. Having lost almost $70b in three years you would wonder where are the buyers? Company remains very attractive with good brand and well established footprint in enterprise markets, earning $2.8+b of cash from operations.
Of course there are concerns of shrinking market share and deterioration of margins, grim prospects. But who cares, RIM now is a bargain.
RIM market cap today is $13.5b. Having lost almost $70b in three years you would wonder where are the buyers? Company remains very attractive with good brand and well established footprint in enterprise markets, earning $2.8+b of cash from operations.
Of course there are concerns of shrinking market share and deterioration of margins, grim prospects. But who cares, RIM now is a bargain.
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