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Bankruptcy for RIM (RIMM)? Gene Munster Thinks So

April 3, 2012 10:14 AM EDT
Research In Motion Limited (Nasdaq: RIMM) ticks lower after Piper Jaffray's Apple (Nasdaq: AAPL) analyst, Gene Munster, said in a scenario where Apple goes to a $1000 per share, there is no room for RIM and the company will likely go bankrupt.

The comments were made in a CNBC interview.

Shares of RIM are down 4.8%.


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Piper Jaffray, Gene Munster, Bankruptcy