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

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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.

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Alex Zaharov-Reutt

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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.

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