Subscribe / Unsubscribe Enewsletters | Login | Register

Pencil Banner

RIM to return to business focus; new BlackBerry strategy promised

Galen Gruman | March 30, 2012
The troubled BlackBerry maker continues to see customer disinterest and asks investors to wait for BlackBerry OS 10.

RIM co-founder and former co-CEO Jim Balsillie has also left the board of directors, RIM acknowledged in its earnings statement today. Balsillie and Mike Lazaridis had been co-CEOs until 10 weeks ago, when they were replaced by Heins, the former CFO, but both remained on the board. Both had been blamed by investors and the press for RIM's clinging to its original messaging-oriented business model. Balsillie's statements in fall 2010 that mobile apps were a fad were lambasted at the time as a sign RIM's leadership was unable to see the change in the mobile market.

 

Previous Page  1  2 

Sign up for CIO Asia eNewsletters.