RIM considers split, handset unit sell-off: Palm ‘Groundhog Day?’
Research in Motion is considering splitting the company in two, according to a paywalled story by London’s The Sunday Times.
The BlackBerry maker could see its struggling smartphone hardware sold off, and its data network retained or licensed to others.
RIM is expected in the coming days to announce an operating loss for its first-quarter. Since then, its stock price has dropped significantly and for a short while dipped below the $10 a share mark. The newspaper cited Amazon and Facebook as possible buyers of the hardware business at a knocked-down price.