RIM shares rise amid Microsoft takeover talk
You can bet Palm, Motorola, and any other smartphone makers broke out in a cold sweat today. This is just speculation still, but RIM shares are up $1 (at the time of this writing) over rumors that Microsoft is interested in buying the Blackberry manufacturer.
"Microsoft has been mentioned as a possible buyer," said Frederic
Ruffy, an analyst at options education firm Optionetics in California.
"According to speculation, the software giant might be interested in RIM in response to Google's recent announcement that it is interested in making its own mobile
phone operating system, which would compete with Windows Mobile," he
Aside from the obvious impact on the smartphone market in general, this would be a major blow for messaging solutions that compete with Blackberry. Additionally, if they're thinking of this move to counter Google's OS, does that mean the end of WM? Or would it mean Blackberry Connect on every WM device?