In March this year, the company reported losses of $ 125 million . Two months ago, the founders of the Canadian manufacturer of mobile phones, had replaced the direction, as was being demanded by shareholders, seeking a new leadership can revitalize a company whose stock market value if you were blending . However, three months after the designation new leadership, the value of RIM stock is at its lowest for ten years. “We believe that the history of the RIM is essentially broken,” wrote analysts at Morgan Stanley in a report evaluating the company, which also consider the “only solution” to the RIM is split by its size, separating areas of business. The report points out, however, that this is “a transformation that will erase much of the financial strength” of the company. In Toronto stock exchange, shares in RIM not attain the $ 10 ($ 9.04), values that do not registavam almost a decade ago. According to analysts at Morgan Stanley, the next six to nine months the company will face a rapidly deteriorating and will need to take potential strategic options. RIM confirmed the hiring companies RBC Capital Markets and JP Morgan to review their strategic options, after the departure of the founders and the new CEO Thorsten Heins has taken control with a promise to reverse the situation. maker of the Blackberry 2000 employees fired today.
Research In Motion (RIM), maker of BlackBerry smartphones, is “basically bankrupt,” says the financial services firm Morgan Stanley.