Research In Motion Ltd has hired bankers for a far-reaching strategic review and to look for partnerships. |||
Research In Motion Ltd has hired bankers for a far-reaching strategic review and to look for partnerships as the BlackBerry-maker warned it would likely report a shock fiscal first-quarter operating loss. RIM virtually invented the concept of on-your-hip email with its first BlackBerry devices, but now finds itself struggling badly in the smartphone market as it trails far behind Apple Inc and other rivals such as Samsung Electronics that use Google Inc's Android software.
Editor’s Note: Research In Motion Ltd (NASDAQ:BBRY), Microsoft Corporation (NASDAQ:MSFT), Apple Inc. (NASDAQ:AAPL), Google Inc (NASDAQ:GOOG) Again, BlackBerry brings the heat! (MB) Research In Motion Ltd (NASDAQ:BBRY) truly strikes ... Read Post
(Reuters) - Research In Motion Ltd's move to hire bankers for a strategic review and scout for partnerships prompted a slew of price-target cuts from analysts, who were skeptical about the BlackBerry maker's ability to attract a buy... Read Post
RIM has shouted out a whole bunch of news, but in the deal world the spotlight is likely to zero in on this comment: "we are undertaking a comprehensive review of strategic opportunities including partnerships and joint ventures, li... Read Post