RIM’s stock falls below asset value

Speaking of the basket breaking

Apple and Google are the dominant smartphone platforms and there is really only room for one more, said Veritas’s Monga. When Nokia was reorganizing, RIM had its chance to establish itself as the third. It may have lost the opportunity, he said.

Eighteen months ago, RIM was fighting but had a fighting chance,” he said. “Now, the problems RIM has on its software platform seem to be insurmountable.

RIM’s stock falls below asset value

parislemon:

It has been almost a month since Steve Jobs officially stepped down as CEO of Apple. Today the stock is literally off-the-charts at a new all-time high. 

Apple’s market cap is now nearly $25 billion larger than Exxon’s, the second most-valuable public company in the world. Apple’s market cap will soon surpass $400 billion.

The iPhone 5 hasn’t even been announced yet.