RIM May Be Planning to Split Itself in Two

Pin It

The Sunday Times and Reuters reported recently that the Canadian company, RIM is considering for a major split. One part would manage the now ailing device manufacturing business, while another will try to capitalize on the still-popular messaging service. Once the split is completed; the company may consider selling the former and focuses itself to BBM.

There’s also a speculation that RIM will eventually part ways with its messaging service or work with rivals like Google and Apple as a way to generate more income.

Above solutions might be a lot better than being kicked around in the hyper-competitive mobile industry. RIM once dominated the global smartphone market, but now it is declining to a single digit contender. In Q10 2011, the Blackberry’s maker still commanded a modest market share of 13.6 percent, but at this year’s first quarter, company’s slice has shrunk to a mere 6.7 percent.

Word had leaked out that Nokia, Microsoft and Amazon had considered acquiring RIM. With its stock price at an 8-year low and sales declined significantly, Chapter 11 filling could be just around the corner. It seems something big will happen to the Research In Motion this year.

Latest Blackberry Smartphone: Blackberry Curve 9320, Blackberry Curve 9360 Pink & Blackberry Bold 9790

Leave a Reply

Your email address will not be published. Required fields are marked *