IBM NUMBERS A MIXED bag as per CNBC CONTRIBUTOR COMMENTS. I think IBM WOULD BE WISE TO SUBMIT A PUBLIC BID TO ACQUIRE BLACKBERRY
They are guiding for lower earnings this second half of year so they should boost themselves with a consideration of BBRY. They need to get better in the HARDWARE area as per A GUEST of CNBC from Jannic Capital.
Has this company called IBM yet and if so what was said and what about the hardware area not performing as well for IBM as related after IBM revealing its earnings numbers today?
An article yesterday on Motley Fool listed BBRY service revenue at $800 M per year (not counting other value in the company). This IBM earnings report said the company's service revenue was down. Sounds like an easy way for IBM to pick it up a bit to just buy BBRY. The increase in the IBM stock price overnight is more than enough to satisfy BBRY longs. Maybe the Canadian government would not mind a major American company moving in on BBRY.