Lenovo buying RIM? Not necessarily

Still, Ovum analyst sees RIM in steady decline even after two new smartphones are due to be unveiled Wednesday

By , Computerworld |  Mobile & Wireless, Lenovo, RIM

One analyst noted that RIM isn't likely to exit the smartphone market yet since the company has no debt, has 80 million subscribers and some profits in recent quarters.

That analyst, Jan Dawson, at research firm Ovum, wrote Monday: "RIM continues to face the twin demons of consumer-driven buying power and a chronic inability to appeal to mature market consumers. There is nothing in what we've seen so far of BB10 that it will conquer the second of those demons and the first is utterly out of RIM's control. We don't expect a speedy exit from market...The company can continue in this vein for years. But its glory days are past and it is only a matter of time before it reaches a natural end."

Matt Hamblen covers mobile and wireless, smartphones and other handhelds, and wireless networking for Computerworld. Follow Matt on Twitter at @matthamblen or subscribe to Matt's RSS feed. His email address is mhamblen@computerworld.com.

See more by Matt Hamblen on Computerworld.com.

Read more about mobile/wireless in Computerworld's Mobile/Wireless Topic Center.


Originally published on Computerworld |  Click here to read the original story.
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