Posts tagged as: Jim Balsillie

Blackberry record sales below expectations

Research In Motion will need much more to offer on the day of their 26th birthday, to convince an increasingly sceptical Wall Street with the future of the company before the onslaught of Apple and Google in the business of mobile devices. The company failed again after reporting a loss of $ 125 million in the quarter. Sales fell […]

RIM announces Heins as their new CEO

Thorsten Heins was presented to Wall Street as the new CEO of Research in Motion, following Jim Balsillie and Mike Lazaridis departure after two decades in charge. The new CEO of RIM is originally from Munich. He joined RIM four years ago, from the industrial giant Siemens, where he initiated and built his career after completing his professional […]

The founders of Blackberry resign after 20 years

Research in Motion (RIM), the Canadian company that is famous for making Blackberry, have lost the battle to retain their two founders and CEOs after 20 years at the company. Jim Balsillie and Mike Lazaridis has left their positions after immense pressure from investors in the group, who required a change of strategy to stay competitive against […]

Research In Motion is in slow motion competing with other players in the smartphone market – Part 1

Research In Motion (RIM) made some new progress in revamping its top management to cater to the problems it has been facing for the last two years. Co-CEOs, Mike Lazaridis and Jim Balsillie, will stepped down from their position, making way for Thorsten Heins to the office. Heins, who has worked at RIM in the […]

Research In Motion is in slow motion competing with other players in the smartphone market – Part 2

However, in the light of current scenario in the market and the situation of the company, following are a few suggestions that might help please both investors and customers. 1. Hire some new faces to Team-Blackberry Suffice it to say that investors aren’t terribly impressed that the new CEO of RIM is a company insider. […]

Research In Motion is in slow motion competing with other players in the smartphone market – Part 3

5. Android as an option Heins needs to make a decision and he needs to make it fast. BlackBerry 10 is still months away. And even if it was available tomorrow, the platform has little to no support from developers. Much like Nokia’s CEO Stephen Elop did when he took over at Nokia, Heins might […]

Research In Motion is in slow motion competing with other players in the smartphone market – Part 4

7. Outsourcing the Blackberry OS One of the major reasons for Android to give a hard time to Blackberry, and iOS for that matter, is the open-source approach by Google. The number of Android-powered smartphones has always been more than iPhones and Blackberrys because Android can be and is adapted by any company from Samsung […]

RIM postpones Blackberry 10 phone’s launch

RIM postpones Blackberry 10 phone’s launch BlackBerry maker, Research in Motion (RIM), has announced that they are going to delay its key new operating system, BlackBerry 10. With the release of the new operating system, RIM hopes to create a new generation of phone. They hope that BlackBerry 10 will play its role to reduce […]

BlackBerry maker RIM face 71% fall in net income

BlackBerry maker RIM face 71% fall in net income For the past couple of years, Research in Motion (RIM) has been struggling to compete with iPhone and smartphones running Google’s Android software, such as HTC, Samsung and Sony Ericson. In a recent statement, the BlackBerry makers has said that the sales of BlackBerry phone will […]

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