Research In Motion Will Be Dead By 2013

jim balsillie

Image: AP

Research in Motion will no longer be an independent company by the end of the first quarter of 2013, says Eric Jackson, manager of Ironfire Capital.

We had Jackson in our offices yesterday to talk about YahooMicrosoftApple, and RIM. We have the full conversation below as a podcast.

Jackson summed up RIM saying, “It’s a bad software company,” and they’re “not going to change their stripes over night.” He added, it has “Bad cofounders, and they’re going to drive this company straight into the ground.”

The only hope for RIM is that it releases incredible phones running vastly improved software in 2012.

Even if the phones are great, it’s an uphill fight. You’re looking at a company that will have gone from 50% of the market to 10%, and it will then have to try and bounce back. That’s never happened, and Jackson is betting it doesn’t happen with RIM. 

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