RIM May Sell Off Handset Business, Focus On Messaging
According to British newspaper The Sunday Times, RIM may opt to let go of its ailing BlackBerry handset division if the company wants to stay afloat, and focus on its BlackBerry Messaging service, which they will probably license out to third-party smartphone makers. This new rumor comes after their strategic review with investment bank JP Morgan and the Royal Bank of Canada, which has led to the announcement of 2,000 of the Waterloo-based corporation being laid off, or about 12% of its global workforce. Potential buyers of the spinoff include Facebook, Amazon and Microsoft. For now this drastic move is not yet official, but it is reported that RIM will reveal their final plan during their first quarter earnings call, which is scheduled for June 28 (June 29, Manila time) - well before they release any of their BlackBerry 10 devices. If the rumors turns out to be true, it could signal the end of the besieged company that ruled the smartphone market just a few years ago.
Via The Verge