It must be that time of the year because rumors of Microsoft buying RIM are beginning to spread. These rumors are probably as ridiculous now as they’ve ever been.

“There is a rumor Microsoft is going to acquire some or part of RIM,” said Greg Palmer, head of equity trading at Pacific Crest Securities Inc. in Portland, Oregon. “It doesn’t make sense because they’ve already got a handheld product.”

Can you imagine Microsoft having a PDA with great build quality that actually works well all of the time instead of just some of it?

Me neither…