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Tuesday 29 May 2012

Is this the beginning of the end for RIM?

RIM shows off its virtual keyboard at BlackBerry World.
Where does RIM go from here?
(Credit: Brian Bennett/CNET)
commentary A year from now, Research in Motion may not exist.
A little while ago, that might have been a controversial call. Sure, RIM had its share of problems, but many were willing to give it some space to possibly turn itself around. But after today's first-quarter warning and disclosure that it hired bankers to advise it on strategic reviews, it's perfectly reasonable to assume that RIM's days as a standalone company are numbered.

All you have to do is look at the bankers. RIM said today that it hired J.P. Morgan and RBC Capital for strategic advice. When a company hires bankers to explore strategic options, it's corporate-speak for looking at a sale. The company could either be swallowed up by another technology giant, or have its assets diced up and sold like slices of pizza.

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