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RIM stock rebounds on Vodafone acquisition rumors

0. phoneArena posted on 06 Oct 2011, 07:48

RIM’s stock has made quite a run yesterday, going up after months of nearly constant decline and it all seems based on a rumor about Vodafone acquiring the Canadian phone maker…

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posted on 06 Oct 2011, 08:18 1

1. Droid_X_Doug (Posts: 5993; Member since: 22 Dec 2010)

Well, if Vodafone acquired RIM, they could at least get rid of the co-Bozos as a condition of the acquisition.

posted on 06 Oct 2011, 09:14 1

3. snowgator (Posts: 3604; Member since: 19 Jan 2011)

Another rumor I ain't buying until I see it, along with the one about Samsung not making anymore Windows Phones (not true) and Sprint getting the iPhone 5 all by itself (would have had to been an iPhone 5 first, so again not true). RIM is still selling a bunch of devices and making quite a bit of money. A company like them needs to fall farther than they have and been out of resources first. See Palm for an example. If BBX (new name for QNX) flops, than they may be in deep, dark doggy-doo-doo. They will be fine until those devices launch.

posted on 06 Oct 2011, 12:13 2

4. Droid_X_Doug (Posts: 5993; Member since: 22 Dec 2010)

@snow - RIM needs to get BBX devices to market ASAP and the devices must be a success. A repeat of the PlayBook experience is a fail. RIM does not have the luxury of time. Apple actually did RIM a favor with the 4S. If Apple had released an iPhone 5 equipped like many of the rumors were predicting, RIM would have been in a world of hurt since most of the iPhone sales gains have recently been from BB owners converting to iOS.

posted on 06 Oct 2011, 12:57

5. snowgator (Posts: 3604; Member since: 19 Jan 2011)

Totally agree. I believe their resources are strained, their investors are sharpening their pitchforks and getting the torches (pun intended) ready, and that even the most loyal fans of Blackberry are beginning to understand this company is jogging in place.

posted on 06 Oct 2011, 23:29

7. jtech (Posts: 101; Member since: 14 Jul 2011)

Vodafone in das US? That might be another out come if the rumor is true

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