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RIM (RIMM) could sell its hardware production and license its software once it has launched...

RIM (RIMM) could sell its hardware production and license its software once it has launched BlackBerry 10 devices, CEO Thorsten Heins tells German newspaper Die Welt. RIM will also explore strategic partnerships with other tech companies. (Google translation)
Comments (18)
  • great opportunity for Rim to soar!
    21 Jan 2013, 06:26 AM Reply Like
  • Interesting notion on your Google translate article but the statement is just inaccurate. ...let's face it, Google translate translates better than your wana be copy paste redraft.

     

    Thor said within the article, that RIM needs to show the potential of BB10 to the world first before anyone can/will think about any licensing deal. There is no word about separation of hardware production. Nonetheless he has stated in the past, that several forms of licensing models could be part of the BB business model equation of the future.
    21 Jan 2013, 06:33 AM Reply Like
  • I am a Canadian investor who does not buy US listed securities due to 15 percent withholding tax. Hence when a stock like RIM, on the Toronto exchange,appears with huge upside potential, a likely short squeeze, and a chance to restore a fallen national icon all coincide, I'm in.
    21 Jan 2013, 06:34 AM Reply Like
  • Shoot, I ve never heard about the withholding tax, could you explain to me how it works? I m in Canada and I hold US stocks
    21 Jan 2013, 01:53 PM Reply Like
  • As a canadian who receives dividends from a us public co. You will be docked 15 % of the amount. You will be able to claim this amt. on your cndn. tax report. I'ts been my experience that you are never credited $ for $, only a small portion of it. This is the cndn. governments way of getting us to invest in CANADA !!!
    21 Jan 2013, 06:57 PM Reply Like
  • If you buy a dividend paying stock, you are not going to get the full payout unless you stick the US stock in your RSP. If you buy it on your TFSA, the withholding tax still applies. Hence, I'd go for the capital gain on US stocks and forget buying and holding indefinitely for that dividend gain. Trying to get back the withheld funds is messy. Go consult an accountant >_<

     

    Of note: the better dividends at the moment are in Cdn stocks.

     

    Why is there are discussion about not buying RIM because it's a US listed security? If you just buy the one that is listed on the TSX, then you don't have withholding.
    21 Jan 2013, 06:59 PM Reply Like
  • This news shd be negative as now the expectation of regaining market share is high!!!
    21 Jan 2013, 06:35 AM Reply Like
  • It's a great idea, RIMM need t license its hardware or OS to others to gain traction.
    21 Jan 2013, 07:01 AM Reply Like
  • Who will license it? The big guys like Sammy and Nokia, Motorola and HTC, all have no interest. Of course Chinese companies like ZTE and Huawei have pretty much shown a willingness to throw any OS on their hardware as long as it gets them some sales... but I think it would be strategy more aligned to companies like HP, or even CSCO or IBM, which could market it as part of a complete corporate/back-end package, than as a discrete consumer device.

     

    I never stopped believing in RIM, and have been a user of their products for years (and yes, that means I use BB as my primary communications device), but I don't see mass consumer adoption in its future. But I'm ok with that too as I RIM can be a profitable niche company regardless.
    21 Jan 2013, 08:49 AM Reply Like
  • Which company would be dumb enough to buy it, unless for a fire sale price?

     

    We all saw what happened with the Palm acquisition.
    Motorola is still bleeding money, Google is pumping in cash and probably won't see breakeven in the near future.

     

    Any company that wants to get into the mobile space would be better off buying HTC, Sony or Sharp's mobile hardware division. At least those manufacturers have experience with reasonably good hardware running a popular OS...
    21 Jan 2013, 11:58 AM Reply Like
  • Shangjeen: U need to do more research before blasting this company. Just talk negative won't make you money. This company ain't like Palm. U need to look at the balance sheet and other opportunities. Warren Buffett got rich because he did his due diligent. He bought a lot of sleepy giants! I am learning a lot from him.

     

    Is it Realornot!
    21 Jan 2013, 02:11 PM Reply Like
  • There is still a sizable number of people addicted to their crackberry devices to ensure there will be a decently profitable revenue stream for a quite a while.

     

    They make a very good email product and this is still a very important buying criteria for the IT dept of mid and large sized companies not to mention despotic, totalitarian governments.
    21 Jan 2013, 02:16 PM Reply Like
  • It's considered the corporate/ government mobile of choice in North America. Hard to have it die off when the people buying it are power hungry and have deep pockets. It'll be around for a loooong time!
    21 Jan 2013, 07:03 PM Reply Like
  • "They make a very good email product and this is still a very important buying criteria for the IT dept of mid and large sized companies not to mention despotic, totalitarian governments."

     

    Yeah but did you read the headline article?

     

    They're not selling RIMM, they're just selling the BB hardware division. All you'll do is buy over RIM's not-very-good hardware division and become their OEM. And there's no guarantee they won't license out BB10 to other OEMs like the Chinese phone makers.

     

    Like I said, if you were a CEO you'd have to be ridiculously thick or desperate to buy it unless at a serious discount..
    21 Jan 2013, 09:55 PM Reply Like
  • The Chinese government subsidized businesses have so much money. They buy all kinds of stuff. If they'd take IBM's PCs off IBM (it became Lenovo), why wouldn't they buy RIM's hardware off RIM? Anything's possible if the price is right, that I'll agree with you.
    21 Jan 2013, 10:00 PM Reply Like
  • Up a solid 15% today on the TSE!
    21 Jan 2013, 02:35 PM Reply Like
  • On 2.5x average volume.
    21 Jan 2013, 07:47 PM Reply Like
  • Can't wait to see what happens... could go either way once the BB10 is out.
    21 Jan 2013, 09:45 PM Reply Like
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