Research In Motion
The Sunday Times is reporting that the BlackBerry maker is considering breaking up its business after posting what should be its first quarterly operating loss in more than a decade. That quarterly report comes on Thursday, and you know that analysts will be all over this if the company doesn't confirm or deny the chatter.
RIM's plan -- according to the British newspaper -- would be to separate its money-losing hardware business from its still thriving messaging and data network.
Finding a buyer for its BlackBerry handset business would be the logical solution, but it remains to be seen who would be up for that kind of challenge.
Analysts see RIM barely breaking even on a 36% decline in revenue when the company reports later this week. As BlackBerry sheds subscribers to Android and iPhones -- and Microsoft's
Isn't this the point of no return?
Who would buy RIM's handset business? Nokia
It's going to be an interesting week for RIM, that's for sure. We'll know more on Thursday.
There's no denying that the next trillion-dollar revolution will be in mobile (and that's not just lip service; it's the name of a new free special report that you can check it out now). However, no one seems to be inviting RIM to the revolution.