Rumours are rife that Blackberry-maker, Research in Motion (RIM), could be ripe for acquisition following a drop in the company's share prices and sales.
Bloomberg reported RIM's value has dropped 80% from $83bn three years ago, making it worth less than any other communications manufacturer.
BMO Harris Private Banking, which oversees RIM shares, told Bloomberg the deterioration of RIM's stock price alone will excite the interest of big-name buyers such as Microsoft or Dell.
Rim's share price fell 17% after it revised quarterly profits because of product delays.
According to the revised outlook, RIM's sales will be $4.2bn to $4.8bn in the fiscal second quarter, below average analyst estimate of $5.47bn. RIM's shares were down as much as $5.83 to $29.50 in after-hours trading in New York, bringing the total loss of value to 39% so far this year.
Research by ComScore shows the Canadian company's share of the smartphone market in April dropped 4.7% in three months.
Analysts are sceptical RIM can compete with smartphone offerings from Apple and Google's Android.
RIM plans to migrate its entire smartphone platform to its QNX operating system (OS) in 2012 to create a consistent platform and user experience. But research firm Gartner says RIM will fail to develop a strong enough ecosystem to compete with Android and Apple by 2015.
RIM recently launched its Playbook tablet device in the UK. Analysts raised concerns over the Playbook's choice of apps, high price and lack of native e-mail client.