RIM is now worth less than its assets

Register - 3 Nov, 2011
By Brid-Aine Parnell • Get more from this author A fall in the share price of battered BlackBerry maker RIM puts the firm's market value below the value of all its stuff today. With a share price of $18.59 at 12.21 EDT, Research in Motion's total stock ...

RIM as 'Wounded Puppy' Trails Book Value With Faith Fading

San Francisco Chronicle - 3 Nov, 2011
Nov. 3 (Bloomberg) -- Research In Motion Ltd.'s decline below book value for the first time in nine years leaves the BlackBerry maker worth less than the net value of its property, patents and other assets in a sign of investors' lowered faith. ...

RIM a 'wounded puppy' as book value shrinks

Financial Post (blog) - 3 Nov, 2011
RIM declined 2% to US$18.91 yesterday in New York, trailing the book value of US$18.92 a share at the end of last quarter, according to data compiled by Bloomberg. By Hugo Miller and Matt Walcoff Research In Motion Ltd.'s decline below book value for ...

Blackberry Creator RIM's Stock Continues To Drop

Cinema Blend - 3 Nov, 2011
Are you an iPhone or a Blackberry? That's been the major question for smartphone owners. I know there's plenty of other quality brands out there, but it seemed that for the last few years, you were either with Apple or Research in Motion. ...

Cutting Room: RIM woes give Apple a timely boost

Mobile News - 3 Nov, 2011
It was always going to be a big task for a handset manufacturer to steal the headlines from an impending Apple iPhone launch. But BlackBerry maker RIM pulled it off in spectacular fashion and in doing so, provided its rival with the kind of publicity ...

RIM Shares Drop Below Book Value

eWEEK Europe UK - 3 Nov, 2011
Struggling Blackberry manufacturer Research in Motion's (RIM) stock value is lower than its book value for the first time since 2002, when the company was actually losing money. RIM's share price dropped to $18.91 (£11.80), below the book value of ...

Woes Piling Up For RIM? BlackBerry Makers' Shares Dip Below Book Value

paidContent:UK - 3 Nov, 2011
More turmoil this week from BlackBerry maker RIM (NSDQ: RIMM) that could not be mitigated by the news of the launch of a new distribution deal (the “4G” Torch 9810 on T-Mobile USA) or a new service (BBM Music now live). On the back of falling market ...

RIM's share price falls below its book value (Canada)

Wireless Federation - 3 Nov, 2011
Canadian based BlackBerry handset manufacturer, Research In Motion (RIM) has witnessed a slump in its stock price which fell below its book value, for the first time in the past nine years. According to reports, RIM's share price fell by 3.3 percent to ...

RIM stock falls below book value in New York

Windsor Star - 3 Nov, 2011
Research In Motion Ltd.'s stock fell below its book value for the first time in nine years during intraday trading in New York on Wednesday, a signal investors consider the BlackBerry maker to be worth less than the net value of its property, ...

 

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