A new report is alleging that Research In Motion is now worth less than Apple’ App Store, alone. RIM is worth roughly about $6.8 Billion, after its huge loss this year to date. Currently, Apple is worth $354 billion. The Apple App Store comprises of 2% of their overall revenue. This means the App Store contributes $7.08 Billion to Apple’s market cap.
These are trying times for RIM. We’re still confident RIM can hold it together. We already mentioned it was possibly a good thing the BlackBerry 10 phones have been slightly delayed for better LTE chipsets.