Microsoft-RIM rumor makes sense to Street

10/14/2008 | Light Reading Mobile

Rumors aside, analysts say the crash in Research in Motion's stock price since the summer makes a Microsoft bid for the BlackBerry producer more realistic. RIM's shares tumbled from $150 in July to $55 before rising 15% Monday, and analysts say the company would give Microsoft a huge boost in the market for consumer and business smartphones, where it is under pressure from Google and Apple, among other rivals.

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