The lucky buyer "would get a smartphone maker that is still dominant among corporate clients, offers greater security with its own e-mail servers and generates more free cash versus its market value than any of its rivals," Bloomberg notes. "Paying $40 a share still values RIM at a discount to comparable companies in the industry."
Hard to believe, but RIM was once worth $83 billion before falling more than 80% from its record three years ago. Last week, RIM said quarterly sales may drop for the first time in nine years, while its stock closed on Monday at $25.89 a share -- or 4.7 times earnings next year. "That's less than any communications-equipment provider," reports Bloomberg, citing its own data.