Trouble at RIM: Will the BlackBerry Company Consider Selling?
By Rob Scott
September 8, 2011
September 8, 2011
- Jaguar Financial Corporation CEO Vic Alboini, an investor in struggling Research In Motion, is urging the BlackBerry maker to consider selling the company. He has recommended that RIM form a committee of independent executives to explore the proposal.
- According to the article: “RIM is seeing its once commanding presence in the smartphone market eroded by the likes of Android and Apple’s iOS: where a year ago RIM accounted for 19 percent of the market, second-quarter figures from Gartner put the company’s current share at 12 percent.”
- Alboini suggests that selling RIM would maximize the company’s value to investors, who have watched their investments in the Canadian company significantly decline during the last year.
- “RIM has been hanging hopes for its future on the BlackBerry PlayBook tablet, as well as a new swath of smartphones expected to land in 2012 based on RIM’s recently-acquired QNX operating system — the same OS used in the PlayBook,” reports Digital Trends. “So far, industry response to the PlayBook has been muted, with many citing its reliance on a BlackBerry handset for email as a major impediment — and U.S. mobile carrier Sprint recently backed out of plans to offer a 4G version of the PlayBook, citing lack of customer interest.”
Topics: Android, Apple, BlackBerry, Google, iOS, Mobile, Phone, PlayBook, Research In Motion, RIM, Smartphone, Tablet
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In related news, ETCentric reported yesterday that RIM launched BlackBerry App World 3.0 this week in an effort to entice consumers and bolster its offerings on the BlackBerry. The new version features full social media integration, an updated interface, and new application channels.
In related news, ETCentric reported yesterday that RIM launched BlackBerry App World 3.0 this week in an effort to entice consumers and bolster its offerings on the BlackBerry. The new version features full social media integration, an updated interface, and new application channels.
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