Epic Fail: RIM
Research In Motion, maker of the BlackBerry or the company Steve Jobs killed.
If RIM had a body, Apple could have it stuffed, mounted, and displayed in their corporate HQ – I guess they’ll just have to settle for RIM’s articles of incorporation? That’s not much of a trophy. In any event, there are people who speculate that RIM could turn things around; however the majority of people view it as a take over target for the intellectual property. They are trading at $11.90 with $5/share of cash on their books. Do you feel…. lucky?