Microsoft To Buy RIM?
Posted on Oct 10, 08 10:12 AM PDT
With the stock market going nowhere but south these days, it is no surprise to see many shares hitting historical lows these days. Among them is RIM, hovering at the $53 mark currently despite touching $148 on Nasdaq just four months ago. This has led Microsoft to ponder over its options as it aims to remain relevant against Google and Apple. Word has it should RIM drop below the $40 mark, Microsoft might step in and make a $50 bid per share. It would change the handset landscape entirely if that were to happen, since Microsoft would then have a strangle hold in the business market (Blackberry+Windows Mobile) that could provide a solid (financial) base to go after Apple and Android in the consumer space. For the first time, Microsoft would also be in charge of both hardware and software.
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