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Ahead of today's FQ3 report, for which expectations are quite low (I, II), activist Research In...

  • Thursday, December 15, 2011, 3:11 PM ET
    Ahead of today's FQ3 report, for which expectations are quite low (I, II), activist Research In Motion (RIMM +0.1%) shareholder Jaguar Financial is making a renewed call for RIM to end its dual-CEO structure. Perhaps more interestingly, and in-line with the views of others (I, II), Jaguar is also now calling on RIM to sell its handset business, and focus on being a software/service provider for multiple platforms. (previously)
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    They are a small player in this, so they are barely relevant in their opinion. I would prefer to hear from the major shareholders, yet somehow this tiny Jaguar Financial keeps getting themselves in the news. That stated, I would agree with them about canning the coCEOs, but disagree on splitting or selling the handset business. If RIMM want to unlock some revenues, they need to include support for other phones on BES, and make it seamless. The other thing RIMM could do would be to make a version of Messenger available as an app for Android and iPhone, which would increase consumer revenues.
    16 Dec 2011, 03:04 PM Reply Like
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