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Last Updated: Thursday, 30 August 2007, 22:38 GMT 23:38 UK
RIM shares up on Microsoft talk
A Blackberry unit (Photo: RIM)
The Blackberry is a favourite among many business people
Shares in BlackBerry-maker RIM have touched new highs on speculation that Microsoft was contemplating making a bid for the firm.

There are rumours that Microsoft is interested in the Canadian firm after Google said it was considering making its own mobile phone operating system.

However neither firm has commented on the speculation.

RIM's shares ended up 1% at C$87.71 ($82.94; 41.18) on Thursday, having hit a record C$89.68.

However observers have questioned whether Microsoft buying RIM would make sense - not least because the firm's C$50bn valuation means it would not prove cost-effective.


SEE ALSO
Google sidesteps mobile reports
03 Aug 07 |  Technology
More phones can be BlackBerries
23 Apr 07 |  Business
Customers boost Blackberry maker
12 Apr 07 |  Business
Microsoft starts Blackberry rival
13 Feb 06 |  Business
Blackberry users stay connected
06 Mar 06 |  Business

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