Friday, June 1, 2012

RIM faces GRIM future?

I had blogged about what RIM should do about its flagging smartphone business (click here).

Looks like it was a timely blog post. The senior management of RIM have appointed bankers to search for 'strategic alternatives' (click here for NY Times article on the topic).

In addition to the PC makers without a smartphone/tablet presence, I think facebook might take a hard look at RIM too. They have some ambitions in the smartphone business and their market valuation (despite the recent drop) is many times that of RIM.