Apple (AAPL) Just Breathed Life Back Into RIM (RIMM)
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Price: $308.63 +4.84%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
EPS Growth %: +20.4%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
EPS Growth %: +20.4%
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Little does Apple (Nasdaq: AAPL) realize it, but this weekend's court victory against Samsung may have saved former key rival Research In Motion (Nasdaq: RIMM) from oblivion.
Samsung was already rumored to be in hot-and-heavy talks with RIM about licensing the BB10, but now the verdict could push Samsung into a deal sooner rather than later and on better terms for RIM. A deal could come in the form of a licensing deal, or much larger... a buyout.
Think about the possibility of a revamped Samsung Galaxy with BB10... hmm. Apple could have just made its own bed.
How ironic would it be that the company that Apple nearly destroyed comes back and helps destroy them?
Shares of RIM are up 2.3 percent today, but once traders realize the potential of a Samsung/RIM deal it wouldn't be surprising to see them much, much higher.
Samsung was already rumored to be in hot-and-heavy talks with RIM about licensing the BB10, but now the verdict could push Samsung into a deal sooner rather than later and on better terms for RIM. A deal could come in the form of a licensing deal, or much larger... a buyout.
Think about the possibility of a revamped Samsung Galaxy with BB10... hmm. Apple could have just made its own bed.
How ironic would it be that the company that Apple nearly destroyed comes back and helps destroy them?
Shares of RIM are up 2.3 percent today, but once traders realize the potential of a Samsung/RIM deal it wouldn't be surprising to see them much, much higher.
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