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Likely ill-fated voyage never left the dock

Did Oracle Corp. (ORCL) feel like it could be king of the smartphone world? 

Reuters is reporting that Oracle CEO Larry Ellison testified that his firm considered buying the remains of Canadian phonemaker Research in Motion, Ltd. (TSE:RIM) and dead Californian phonemaker Palm (a shuttered subsidiary of Hewlett-Packard, Comp. (HPQ)) in a bid to form a massive vessel to house the IT giant's budding smartphone ambitions and sail the mobile seas.

While Oracle may have considered RIM-Palm an attractive proposition and while HP and RIM might have viewed Oracle as their knight in shining armor, numerous icebergs would have loomed if this voyage came to fruition.

Aside from the fact that Oracle would be setting sail into waters ruled by veterans Google, Inc. (GOOG) and Apple, Inc. (AAPL), it would also be doing so with two firms who were rejected by consumers and left for dead.

Some might call this romance madness, but Mr. Ellison testified that his firm seriously considered making a life with the RIM-Palm, but that critical market research sunk the dream.  Instead, Oracle's heart will go on, as it tries to scuttle Google's Android operating system in court on grounds of intellectual property infringement.

In that regard, Oracle could hitch a profits joy-ride aboard Google's wildly successful Android operating system.  Oracle shouldn't count its smartphone dollars before they hatch, though, as Google isn't about ready to succumb to it in court.  The pair will continue their bitter legal dance in weeks ahead.

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RE: Jason Mick is OBSESSED with RIM
By retrospooty on 4/18/2012 7:47:11 PM , Rating: 2
"Jason says that RIM has been left for dead and is defunct in the same way Palm is. "

You are taking it way too literal. Read it again. He said "it would also be doing so with two firms who were rejected by consumers and left for dead."

In a very real sense this is true. RIM's part of the consumer market is virtually gone, and its in an industry that is growing like crazy. HE isnt literally saying the company is dead as if its a fact. Relax man.


RE: Jason Mick is OBSESSED with RIM
By McTardy on 4/18/2012 8:26:51 PM , Rating: 2
We will have to agree to disagree on this one. I feel like that's exactly what he is saying. He believes its already happened, so he reports it as fact. It's irresponsible.


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