Would Facebook Buy RIM?
From a Reuters article: The New York Times cited sources dredging up a longstanding rumor that Zuckerberg was pondering building a Facebook phone, and that an easy way to acquire the hardware expertise needed was to buy troubled Research in Motion.
Here's the whole article: http://mobile.reuters.com/article/idUSBRE84S0VR20120529?irpc=935
Definitely an interesting idea that would shorten FB's phone development timeframe and launch them into the mobile arena, but I'd sure never own another BB if FB bought them.
- 05-29-12, 07:40 PM #3
- 05-29-12, 07:49 PM #4
1) The very last thing RIMMneeds is a buyer, despite popular sentiment. Should RIM
go this route their fall to irrelevance will become a matter of fact, not speculation.
Ask many of the other tech companies that thought being absorbed was going to turn
2) Given that BlackBerry is known for it's security, not undeserved I might add, aligning
with Facebook of all things would again be virtual, no make that actual suicide.
The coffin comment deserves no more comment than to say that trope has been trotted
out over and over again and yet RIM still stands and though it has seen declining
market share and an alarming decline in it's stock price they are still here and yes,
still a player. Let''s wait until year end before we start planning that funeral.
- CrackBerry Abuser
05-29-12, 08:49 PM #6
- 227 Posts
I agree with point 2.
However, new waters for RIM... no physical new products to market for a good while yet, CEO's gone, major players leaving and making the news, layoffs, new leadership that is really untested, delays after delays for OS PB updates, failed launch of the PB, lack of deep serious interest in the PB platform from 3rd party devs, market cap and share price the lowest it has been in 8 years... then there is the suitors lining up or did so... such as Amazon.
Market cap might be just under $6 billion... but $4.5 billion would be enough to delist from the market and have control of the company and force a compulsory share buy back.
Personally for RIM to survive... IMHO it needs fresh blood.
- 05-29-12, 09:18 PM #8
1. No new product - We all now this but there is a roadmap and products in development.
This is not a death blow by any stretch.
2. CEO's - This had to happen. Had they remained I feel RIM would be in worse shape.
So far, despite the bad press, level-headed people think TH is doing just fine.
3. Departures - You know what? People leave companies. The only reason this is
making news is that the media that has declared RIM dead for 2 years now think
they are finally "circling the drain"
4. Layoffs - Again, this happens all the time. Only in the heads of the press is this
a cause clbre when it happens at RIM.
5. Untested new leader - You are kidding me right. Have you actually taken the time
to read Mr. Heins' CV?
6. Playbook launch - Calling the launch a "failure" is a bit hyperbolic.
7. Developer interest - I'll give you that but it does appear that even that tide is
starting to turn and the interest in BB10 is very encouraging.
The market cap and share price thing I am letting go.
- 05-30-12, 10:17 PM #10
- CrackBerry Addict
05-30-12, 10:22 PM #11
- 731 Posts
Why does everyone assume it's a buyer and not a partner? If Facebook comes in for a piece of rim then that will get things rolling again and people will want to see what's next..bb10. I think a better combo for rim that was suggested is vodafone.
Something needs to happen that will shine some positive light on rim before bb10 rolls out.
Last edited by abwan11; 05-30-12 at 10:27 PM.