RIM now literally worth more dead than alive

RIM’s share price has declined so much, the once great smartphone giant is now worth less than the sum of its parts if asset stripped and sold as pieces.
With a market cap of only $9.85 Billion, the company is now worth little more than Skype which Microsoft purchased for $8.5 billion earlier this year.
“This is a wounded puppy,” Timothy Ghriskey, who oversees $2 billion as chief investment officer of Solaris Group LLC in Bedford Hills, New York, said in an interview. “They’ve been losing business, there’ve been operating technology problems. There isn’t a lot of customer loyalty anymore.”
RM’s market share was acknowledged to be only 9.2% in recent numbers released by Canalys, dropping prec... »read more

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