RIM should sell handset biz, leverage patents, investor says
As Research In Motion prepares to announce its third-quarter earnings later today, one of the company's investors is calling on it to start selling off parts of the business.
In a wide-ranging statement (PDF), Jaguar Financial, a frequently outspoken critic of RIM and its co-CEOs Jim Balsillie and Mike Lazaridis, said that the time has come for the company to dump its handset business, leverage its broad patent portfolio, and become a service provider.
"Jaguar believes that RIM should sell its handset business and monetize its patent portfolio, while retaining its service business under new leadership," the … Read more