According to a discussion in their Q4 fiscal 2012 results Thorsten Heins, Research In Motion (RIM) president & CEO said that the company “has substantial strengths that can be further leveraged to improve our financial performance.” RIM currently has over 77 million BlackBerry subscribers and although they have $1.1 billion in cash, they’ve suffered over the past year. Probably the upcoming release of BlackBerry Playbook 10 powered devices would change all this.
This news about “Microsoft is prepared to make a $3.5 billion investment in Research in Motion” came directly from the MobileSyrup – an independent resource on mobile technology in Canada – connecting to those who are mobile enthusiasts, professionals and shoppers.
To be sure, there have been plenty of rumours like this floating around over the past year, as RIM has seen its market share, stock price and earnings slide.
Heins also noted that they are “undertaking a comprehensive review of strategic opportunities including partnerships and joint ventures, licensing, and other ways to leverage RIM’s assets and maximize value for our stakeholders.” Samsung has been rumoured to be one of the interested manufacturers that might sign a BlackBerry 10 licensing agreement, or according to analyst Collin Gillis of BGC Partners says Samsung is interested in “minority investment” in the company. Amazon at one time was another interested party.
The ongoing rumour that Microsoft is considering making an investment in RIM. This is coming from Benzinga who’s hearing “Renewed Chatter” on Wall St. that Ballmer and Co. are apparently prepared to inject $3.5 billion into RIM. No other details are listed as to when, but would help them get deeper into the enterprise and government space.
According to the sources, neither Microsoft nor RIM would confirm the claim to Benzinga.
Currently, Microsoft is focussed on their Windows Phone OS and looking to increase their market share. They are heavily partnered with Nokia for WP7, plus other manufacturers such as HTC, Samsung and LG produce Windows Phone devices.
What do you think about this rumor? Microsoft one its way Investing $3.5 Biliion In RIM (BlackBerry Maker)?