Top Microsoft .NET Links
Wireless News Desk
Cisco, Microsoft, IBM and Nokia – The Only Four Big Enough To Eat RIM
RIM is worth almost $50 billion in market capitalization
Sep. 4, 2007 06:30 PM
Eating blackberries is easy; but eating BlackBerry would be more challenging. That was the conclusion of one analyst commenting on the rumors this week that Microsoft might be thinking of buying BlackBerry-maker RIM. Barry Richards of Paradigm Capital in Toronto told The Canadian Press that, in view of RIM's colossal $50BN market cap, "We are running out of possible acquirors and we are now left with Cisco, Microsoft, IBM and maybe Nokia."
RIM reported first-quarter revenue in June of more than $1BN for the first time ever, while net profits jumped 73% to $232.2M, making the Canadian high-tech company a very big mouthful for anyone else to swallow. (20%over Microsoft's own market cap, for example.)
Gartner's Ken Dulaney called the Microsoft acquisition rumors "stupid" and said he would give it "zero possibility" when asked by a reporter.
Neither RIM nor Microsoft is commenting on the speculation.
Reader Feedback: Page 1 of 1
Microsoft .NET Latest Stories
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
SYS-CON Featured Whitepapers
Most Read This Week