Home opinion-and-analysis Fuzzy Logic RIM fact: Playbook Bridge hacked, RIM rumour: Samsung's a buyer?

Author's Opinion

The views in this column are those of the author and do not necessarily reflect the views of iTWire.

Have your say and comment below.


The latest rumour, this time from the Boy Genius Report, suggests that Samsung is the latest company RIM has been targeting.

The one big problem? RIM wants too way much money, and are obviously very motivated sellers who aren't yet motivated enough to dramatically drop the asking price.

The company is supposed to be worth US $8.5 billion, but surprise, surprise, the company's two CEOs think it's worth a few billion more - even though Nokia, Microsoft and others are all already rumoured to have passed up the opportunity to snap up RIM.

The problem seemingly is... who wants to spend $10+ billion dollars during a time of renewed global financial crisis? Even though Microsoft kinda did just that spending $8.5b buying Skype? Obviously Skype was a lot more attractive to Microsoft than RIM...

And while BBM, or BlackBerry Messenger, once had incredible value, the rise of apps such as 'What's App' and of course iMessage itself on Apple's iDevices has helped lower BBM's value tremendously, as it's just a basic messaging program after all.

Samsung has naturally denied wanting to purchase RIM - you'd have to be crazy to say you're definitely interested, as that only puts the price up, just as saying you definitely want to sell can, in some circumstances, force the price down.

So'¦ RIM as a company is far from dead, with reports, for example, of people in Indonesia entering into Apple-esque lines around stores to buy RIM's latest and greatest in that country, but things aren't as rosy as they once were.

RIM's BlackBerry OS 10 still isn't here, supposedly waiting for better hardware first, and by the time it is released, RIM may well be the subsidiary of some other company.

RIM stands for 'Research In Motion'. Let's just hope that in 2013, they're STIM - Still In Motion.

FREE NETWORKING SERVICES CASE STUDY

As one of the world’s largest social networking services, Facebook handles a lot of user information, and requires input from an astounding range of stakeholders 24 hours a day, 7 days a week — from both inside and outside the business.

Discover how Facebook was helped to connect remote employees, vendors, consultants, and partners to applications and web services quickly and reliably - without risking sensitive data.

GET CASE STUDY!

GET THE IT BUDGET YOU WANT

Explore your Network Treasure Trove to get the IT Budget you want

With Australian businesses projected to spend over $78.7 Billion why does it feel like you can never get the budget you need?.

In most cases your budget will get approved because the proposals are not only technically correct, but also provide good, credible evidence on how the spend aligns with key business objectives.

Did you know that your Network Monitoring tool can help you build a comprehensive business case without an MBA?

HERE ARE 8 TIPS TO GET THE IT BUDGET YOU WANT.

CLICK HERE!

Alex Zaharov-Reutt

joomla counter

One of Australia’s best-known technology journalists and consumer tech experts, Alex has appeared in his capacity as technology expert on all of Australia’s free-to-air and pay TV networks, including stints as presenter of Ch 10’s Internet Bright Ideas, Ch 7’s Room for Improvement and tech expert on Ch 9’s Today Show, among many other news and current affairs programs.

Connect

 

 

 

 

Join the iTWire Community and be part of the latest news, invites to exclusive events, whitepapers and educational materials and oppertunities.
Why do I want to receive this daily update?
  • The latest features from iTWire
  • Free whitepaper downloads
  • Industry opportunities