BlackBerry maker RIM may be worth $25 billion

Release Date 20 Aug, 2011 in San Francisco Chronicle

 
   

BlackBerry maker RIM may be worth $25 billion

San Francisco Chronicle - 20 Aug, 2011
That's how much Research In Motion, the BlackBerry maker, might be worth in a buyout, according to Morgan Keegan. Using the same multiple of revenue that Google paid for Motorola Mobility, RIM - which holds valuable patents for smart phones - could go ...

RIM Shares up; Analyst Says 'Bottom' Established

ABC News - 20 Aug, 2011
Shares of Research In Motion Ltd., the maker of the BlackBerry, climbed Friday after an analyst said the stock seemed to have finally found its bottom after two weeks ago hitting its lowest level since 2006. THE SPARK: Peter Misek at Jefferies & Co. on ...

RIM Plans Music Streaming for BlackBerry Devices

Forbes - 20 Aug, 2011
Visit us today at http://www.mobiledia.com We write with a fundamental belief that it doesn't have to have happened yesterday to be news, and that people are more interested in how the facts of today will impact their lives for tomorrow. ...

After WebOS, Who's Next To Fall?

PCWorld - Ian Paul - ‎Aug 19, 2011‎
Yesterday's announcement by Hewlett-Packard that it will abort its six-month experiment with webOS marks the third mobile OS to be pushed aside this year. The other two are MeeGo and Symbian, both of which lost ...

RIM could start BBM music as early as next week

Moneycontrol.com - ‎Aug 19, 2011‎
Research in Motion has seen its fair share of problems over the last few years. This is due to the drop in sales of their BlackBerry handsets with Apple and Android taking up their market share. One of the reasons for BlackBerry's survival is their ...

RIM eyes up a Blackberry music service

Inquirer - Chris Martin - ‎Aug 19, 2011‎
CANADIAN MOBILE PHONE OUTFIT Research in Motion (RIM) is in talks with four major record labels to start a Blackberry music service. The company has struck a deal with at least one of the four - Universal Music Group, ...

RIM Rises: Jefferies Ups To Hold; Cash, Patents Provide A Floor

Barron's (blog) - Tiernan Ray - ‎Aug 19, 2011‎
Jefferies & Co.'s Peter Misek today raised his rating on shares of Research in Motion (RIMM) to Hold from Underperform, arguing the shares have found a support level. He raised his price target to $25 from a prior $22. ...

Report: RIM Launching BlackBerry Music Service

PC Magazine - Alex Colon - ‎Aug 19, 2011‎
According to reports, RIM is currently in the process of signing deals with a number of major record companies, including EMI, Sony Music, Universal Music Group, and Warner Music Group, to develop a new streaming music service for ...

RIM: Jefferies Upgrades, As WebOS Leaves The Field

Forbes - ‎Aug 19, 2011‎
After a long career at Barron's, I joined Forbes as San Francisco bureau chief in December 2010. I've been writing about technology and investing for more than 25 years. With the Tech Trade, I'll pick up where I left off when I was writing the Tech ...

Have RIM shares finally hit a bottom?

Financial Post - ‎Aug 19, 2011‎
After months of mis-execution, delayed products and shrinking market share, Research In Motion shares may have finally found a bottom, according Peter Misek, Jefferies Equity Research analyst. After months of mis-execution, delayed products and ...

RIM said to be in talks for BlackBerry music service

Financial Times (blog) - Phill Tutt - ‎Aug 19, 2011‎
Research in Motion is in talks with the four largest record companies about launching a new music service to run on top of the company's instant message service, BlackBerry Messenger, according to CNET. At the moment there are very few details as to ...

RIM Planning a Music Service on BlackBerry

PCWorld - John Ribeiro - ‎Aug 18, 2011‎
Research In Motion is planning a music service for users of its BlackBerry device, according to media reports. The music service will be offered as part of BlackBerry Messenger (BBM), its instant messenger service, ...

RIM Rallies 100% in Sale Value as Google-Motorola Lures Samsung: Real M&A

Bloomberg - Hugo Miller, Zachary Tracer - ‎Aug 18, 2011‎
A newly-launched BlackBerry Bold 9900 smartphone, manufactured by Research In Motion Ltd. (RIM). Photographer: Simon Dawson/Bloomberg Aug. 18 (Bloomberg) -- Frank Aquila, partner at Sullivan & Cromwell LLP, talks with Bloomberg Law's Lee Pacchia about ...

Rumor: RIM, record labels in talks for BlackBerry music service

Los Angeles Times - ‎Aug 18, 2011‎
Research In Motion is rumored to be in negotiations with major record labels to launch its own BlackBerry music service that would integrate with the popular BlackBerry Messenger service. The planned service, reported by Cnet and Bloomberg, ...

RIM Reported to Be in Talks for Music Deal

New York Times - Ben Sisario, Ian Austen - ‎Aug 18, 2011‎
Research in Motion, the maker of BlackBerry smartphones, is in the process of signing deals with the major record companies to develop a limited digital music service for its subscribers, according to several people ...

RIM Said in Talks to Start BlackBerry Music App With Labels

Bloomberg - Hugo Miller - ‎Aug 18, 2011‎
Research In Motion Ltd. (RIMM) is in negotiations with record labels to introduce a music service for its BlackBerry smartphone to challenge Apple Inc. (AAPL), two people familiar with RIM's plans said. ...

RIM Develops Music Service for Phones

Wall Street Journal - Ethan Smith - ‎Aug 18, 2011‎
Research In Motion Ltd. is developing a service that would let subscribers access music on its smartphones, according to people familiar with the matter. The music service is designed to work with RIM's BlackBerry Messenger, ...

RIM near BlackBerry music service launch: sources

Reuters Canada - Yinka Adegoke, Alastair Sharp - ‎Aug 18, 2011‎
NEW YORK/TORONTO (Reuters) - BlackBerry maker Research In Motion is close to rolling out its own music streaming service that will work across its mobile devices, according to four people familiar with the plans. ...

Scoop: RIM in talks for BlackBerry music service

CNET - Greg Sandoval, Roger Cheng - ‎Aug 18, 2011‎
At a time when Research in Motion needs to sex itself up, the Canadian smartphone maker is in talks with the four largest record companies about launching a new music service to run on top of BlackBerry Messenger, the company's instant-messenger ...

RIM launches new OS, handsets

Jakarta Post - ‎Aug 17, 2011‎
BlackBerry smartphone maker Research in Motion (RIM) launched on Monday its latest generation of operating system (OS) and handsets, with RIM claiming they would offer users a better experience. The new OS, BlackBerry 7, introduces the latest browser ...

RIM May Release BlackBerry QNX Platform In 2011

InformationWeek (blog) - Ed Hansberry - ‎Aug 17, 2011‎
RIM has decided to end the current platform and start over with one based on QNX, which is a flavor of Unix that is targeted at embedded systems. The BlackBerry PlayBook tablet is based on QNX and you can tell it was designed with touch in mind. ...

How much longer can RIM survive on its own?

CanadianBusiness.com (blog) - Joe Castaldo - ‎Aug 17, 2011‎
Google's US$12-billion purchase of Motorola has renewed speculation that Research In Motion is a prime takeover target, and that it may, in fact, need to partner with another smartphone player if it's to survive at all ...

RIM's Month In Three Letters: WTF?

Wired News - Tim Carmody - ‎Aug 17, 2011‎
Blackberry's once-mighty manufacturer is in trouble. The company laid off workers in July. Carriers don't want to support the 4G Playbook tablet. The company's messaging service has even been scapegoated for riots in London and elsewhere ...

Readers Weigh In: For RIM, Against vSphere5

InformationWeek - Fritz Nelson - ‎Aug 17, 2011‎
Get a reality check from IT pros on the front lines regarding RIM's pros and cons and VMware's future. By Fritz Nelson InformationWeek I'm sure you've noticed, but we media folks have our flaws. We are easily mesmerized by the shiniest new jewel, ...

If no-one will save RIM, perhaps Canada should

ZDNet (blog) - Zack Whittaker - ‎Aug 17, 2011‎
Summary: Takeover this, takeover that. If the BlackBerry maker is unsellable, or a loose cannon in the current market, why shouldn't Canada step in? Research in Motion is seriously struggling. ...

BlackBerry Maker RIM Again Subject of Takeover Talk

New York Times - Ian Austen - ‎Aug 16, 2011‎
OTTAWA â€" Ever since the introduction of its first BlackBerry more than a decade ago, Research in Motion has defied expectations that it would be gobbled up by a larger rival and has effectively created the market for smartphones. ...

With QNX on the horizon, here's 5 reasons you should still consider a new BB ...

ZDNet (blog) - Matthew Miller - ‎Aug 16, 2011‎
Summary: RIM released five new BlackBerry OS 7 smartphones and despite a new OS on the horizon there are reasons you should consider them. I just posted my full review of three new RIM BlackBerry models ...

The RIM Empire Strikes Back

InformationWeek - Laurianne McLaughlin - ‎Aug 16, 2011‎
RIM has three shiny new BlackBerry models and a compelling goodie for SMBs. But the mobile buzz is all Google-rola. By Laurianne McLaughlin InformationWeek Long ago in a galaxy far, far away, RIM ruled the enterprise mobile space with the BlackBerry. ...

RIM: Soc Gen Says Sell; BBM Threatened, QNX 'Decisive'

Barron's (blog) - Tiernan Ray - ‎Aug 16, 2011‎
Societe Generale's Andy Perkins today cut his rating on shares of Research in Motion (RIMM) to Sell from Hold, and cut his price target to $20 from $50, arguing that the company's “BlackBerry Messenger” instant messaging function is ...

Societe Generale cuts RIM to sell

National Post (registration) - ‎Aug 16, 2011‎
Societe Generale downgraded Research In Motion Ltd to “sell” from “hold,” saying the BlackBerry maker's problems are spreading beyond the borders of the United States. The most well-known Canadian company has been grappling to keep pace with Apple and ...

 

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