Microsoft To Buy RIM?

Microsoft To Buy RIM?

With the stock market going nowhere but south these days, it is no surprise to see many shares hitting historical lows these days. Among them is RIM, hovering at the $53 mark currently despite touching $148 on Nasdaq just four months ago. This has led Microsoft to ponder over its options as it aims to remain relevant against Google and Apple. Word has it should RIM drop below the $40 mark, Microsoft might step in and make a $50 bid per share. It would change the handset landscape entirely if that were to happen, since Microsoft would then have very strong capability to challenge the iPhone as well as the Android platform, boasting proficiency on both hardware and software fronts.

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