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Report: RIM May Be Selling Handset Business To Facebook Or Amazon (Business Insider)
According to a report in the British paper The Sunday Times, Facebook and Amazon are two potential buyers for RIM’s handset business. RIM would keep its enterprise services if such a deal went through, according to the report. Fair warning though, the report does not cite any sources, so treat the news with some skepticism. The Verge As part of this plan, RIM could keep its enterprise-friendly messaging and data network (including BBM, BIS, and BES) in-house and license them out — a move championed by former co-CEO Jim Balsillie prior to his departure from the company. Alternatively, RIM may sell the network services division, too. Another option, short of splitting the company in two, would be to sell a large stake to a corporation like Microsoft. GigaOm On the surface that may not sound like a bad play, since RIM’s hardware sales growth has lagged the competition as both iPhones and Android devices have invaded the enterprise. The problem is: Selling off the hardware unit will also rid RIM of the majority of its revenue stream. AllThingsD Such a consideration is said to be part of an overall strategic review by the beleaguered Canadian company that will be concluded in July. Before that, though, expect financial news — likely bad — this week when RIM announces its first-quarter earnings. 9to5 Mac Any way you look at it, on the fifth anniversary of iPhone, Blackberry — as we knew it — is almost over. Read more