Research In Motion will go out of business, says Piper Jaffray analyst Gene Munster.
He was speaking on CNBC this morning. The clip is below. His RIM comments come at the 5:30 marker. He’s asked if there is room for RIM in the market. His answer is “no.” He says the company will be “out of business.”
He adds that he doesn’t think Nokia and Microsoft are going to work either because its become a two-horse race between Apple and Samsung.