Samsung investing in BlackBerry 10?

Samsung investing in BlackBerry 10?Much to everyone’s surprise, RIM’s shares crept up a tad on Friday morning, leading market watchers to collectively ask: “Huh?”

One chap, BGC Partners’ Collin Gillis, tells Tech Trader Daily it’s a result of chatter concerning a possible investment by Samsung in BlackBerry 10.

The figure being whispered is $1.5 billion, and ultimately the investment would allow Samsung to start selling phones running BlackBerry 10 later in the year. Or whenever the hell it arrives.

However, it’s pointed out that Samsung’s presence would likely punch a hole in RIM’s revenue, as folk are more likely to opt for South Korean hardware over that touted by the Canadians.

The investment rumour has materialised as a result of the Googorola takeover. Some manufacturers, including Samsung, are said to be concerned about what it’ll mean for non-Motorola peeps.

Of course, Samsung already has a finger in the Windows Phone pie, and its share of the OS market is expected to rise dramatically over the next few years. And don’t forget Samsung’s own bada.

BlackBerry 10 on Samsung phones? Really? Meh, pass the salt.

Read more about: AndroidBlackberry OSWindows Phonebada

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matt101101 / MOD  Mar. 18, 2012 at 15:17

And don’t forget Samsung’s own bada.

The same Bada which outsells WP by quite a distance :p.

borus  Mar. 18, 2012 at 17:01

BlackBerry is the way forward, Samsung is waking up to the fact.

matt101101 / MOD  Mar. 18, 2012 at 17:48

BlackBerry is the way forward, Samsung is waking up to the fact.
Always nice to have a laugh on a Sunday afternoon ;).

Tehedra  Mar. 18, 2012 at 22:33

The reason the stock went up had nothing to do with rumours of Samsung investing in BB10; actually in reality the rumor of Samsung investing came as a rumour the evening after the stocks went up as a reason to describe it.

The real reason that the stock went up is that all the analysts was saying that RIM was going to need to declare an early warning on their financials; RIM didn't need to though so this means that their financials did better then expected. Since it did better then expected many of those who were most likely selling bought some more shares as it would be estimated that the stock will go up after they announce their financials on the 28th/29th.

equ  Mar. 19, 2012 at 18:25

Samsung has Bada inhouse and Blackberry will proberbly want to give BB10 some time to see if it will gain traction.

Still strange things happen when the market share% swings around massively....


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