“BlackBerry (BBRY), however, now seems to me to be a strong, logical candidate,” Hall writes. “It is far from massive. Current market cap is $6.9 billion, and there is close to $2 billion in cash, so it could probably be acquired for $7-8 billion net.”
Hall writes, “Many corporate users carry a BlackBerry for business, but an iPhone or Android phone for private use, for fun, and for access to the wide range of apps that the BlackBerry store is never going to match. Most would rather carry only one phone, and a unit that combined BlackBerry security, email access, and messaging (not to mention the little red light) with Apple’s design, and iPhone Apps would have a huge attraction… A move on BlackBerry would signal that Apple really is embracing the corporate market, and combined with a deal with China Mobile (CHL), very likely for reasons I discussed here, could be a major catalyst in turning around the share price.”
Read more in the full article here.
MacDailyNews Take: The corporate market is already embracing Apple. There’s no need, unless there are some useful patents worth $8 billion or so, for Apple waste their money, time and energy trying to scrape up this bit of iPhone roadkill.
[Thanks to MacDailyNews Reader "Brawndo Drinker" for the heads up.]