Research in Motion is considering splitting the company in two, according to a paywalled story by London’s The Sunday Times. The BlackBerry maker could see its struggling smartphone hardware sold off, and its data network retained or licensed to others. RIM is expected in the coming days to announce an operating loss for its first-quarter. Since then, its stock price has dropped significantly and for a short while dipped below the $10 a share mark. The newspaper cited Amazon and Facebook as possible buyers of the hardware business at a knocked-down price. Read the full story at ZDNet.
RIM considers split, handset unit sell-off: Palm ‘Groundhog Day?’
Author: Shelly Palmer
Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).