Remember those rumors about Microsoft approaching RIM for a stake in the company? Reuters is reporting that Microsoft CEO Steve Ballmer had approached RIM in the last couple of months, looking to strike a partnership similar to the one they have with Nokia Oyj. Under that partnership, Nokia will now use the upcoming Windows Phone 8 operating system on their devices.

However, RIM declined even a stake in the company, which could have led to more funding for marketing, etc. The decision to not accept Microsoft’s offer is said due in part of the board wanting RIM to continue its already planned mission with BlackBerry 10 and not wanting to lose independence as a company.

What ever the outcome might be for RIM (i.e. selling patents, licensing software, etc), it will be a long uphill battle. Do you think RIM should have taken the short road and licensed Windows Phone 8? Or, do you believe BlackBerry 10 can make a turnaround for RIM?