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Summary:

Apple’s App Store alone is worth more than all of Research In Motion, the maker of BlackBerry devices. That’s according to a bit of quick-thinking analysis by Brian S. Hall, who notes that RIM as a whole can’t match the value of Apple’s mobile software marketplace.

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Apple’s App Store alone is worth more than all of Research In Motion, the maker of BlackBerry devices. That’s according to a bit of quick-thinking analysis by writer and smartphone market analyst Brian S. Hall (via Twitter), who noted on his blog that at its share price Monday morning, RIM is worth roughly $7.04 billion, while the App Store is probably worth about $7.08 billion.

Trefis analysis of Apple's value broken down by category

Hall’s analysis is based on RIM’s stock price of $13.44, its closing price as of Friday on the NYSE, and analysis by Trefis that says Apple’s App Store is responsible for about 2 percent of Apple’s market cap. Taking Apple’s current market cap of $354 billion and doing the math, Hall arrived at the $7.08 billion number.

Apps are the lifeblood of mobile ecosystems, as is becoming apparent by the domination of the smartphone market by iOS and Android devices, which have the strongest software libraries by far of any mobile platform. There is no better way to encapsulate what being behind in the app race means for a mobile company than Hall’s snapshot comparison of one company near its lowest point, with a single subcategory of another in its prime.

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  1. Mosaic Technology Monday, December 19, 2011

    Oh my. RIM really can’t catch a break. Although I do think that comparing these two is complex. I would be interested to see more factors from this.

  2. …and Microsoft’s App Store may soon be worth more too. LOL

  3. In contrary to some analysts, Yankee Group believes that RIM will continue to be strong in 2012: http://appcarousel.wordpress.com/2011/12/07/yankee-groups-2012-mobile-industry-projections-and-predictions/

  4. One day App Store alone will worth more than YouTube

  5. Rim is finished, they bet the farm on the playbook and lost.

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