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Print 52 comment(s) - last by Pirks.. on Jan 30 at 9:01 PM


  (Source: HTC)
New chief says phonemaking "is not baking cookies", promises change on the software front

Research in Motion, Ltd.'s (TSE:RIM) board finally came around and canned its underperforming long-time co-CEOs Jim Balsillie and Mike Lazaridis.  They slotted Thorsten Heins as their replacement.  Mr. Heins, a German native and University Hanover graduate had previously worked at Siemens AG as their chief technology officer.  In 2007 he left Siemens to join RIM, first as Blackberry VP and then as chief operating officer.
 

RIM CEO Thorsten Heins [Image Source: RIMarkable]

Mr. Heins may be fresh out of the gates, but he already flinging some pretty controversial insults.  In an interview with BlackBerry blog Crackberry, he disrespects Android, remarking, "Just take a look where the Android OEMs are. I leave this to you. Take a look at their recent announcements and what you will immediately see is there is just no room for differentiation because they are all the same."

The insult of course ignores the fact that Android devices tend to differentiate themselves hardware-wise, with different form factors, different sizes of screen, different processors, and different onboard aps.  Plus it’s a pretty bold comment to be making about a platform that has marginalized yours in market share.

He also says his company is choosing to do things "the harder way".  He comments, "What we choose is the harder way. I get it. Did we miss on some commitments? Yes, I admit that. That happens in high tech. This is not baking cookies."

Kanye baking cookies

As for his remarks on RIM's direction, he implies that the media misconstrued his comments about "staying the course".  He comments, "I think this got into a little bit of the black and white zone. I was talking about drastic or seismic changes. What I was trying to address was that there was some suggestion that RIM should be split up or should even be sold. My true belief is that RIM has the strength and the assets that we can really succeed in this market."

"There is a LOT of change. There is a lot of structure change, there has been already a lot of change in terms of our software, our software platform, bringing QNX in. There is no standstill at any moment here at RIM."

Source: CrackBerry



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Bright Future!
By Reclaimer77 on 1/27/2012 9:15:11 AM , Rating: 2
So their new CEO is just as clueless about this stuff as their old one? Man I see a real bright future in store for RIM.




RE: Bright Future!
By retrospooty on 1/27/2012 10:25:15 AM , Rating: 1
LOL. Yup, you gotta wonder about this guy.

-Stock at 1/0th its previous value
-Revenue down
-Profit down
-Global Market share down
-Global Sales #'down
-Delay of next Gen OS to Q4 2012
-Sales Prospects for next 3 quarters - RIM expects them to drop further until Next Gen OS.
-Overwhelmingly negative reviews on ALL recent releases
-CEO's make silly comments while ship sinks around them
-CEO's openly, publicly resist attempts to remove them from office buy board of directors
-CEO's finally give in to pressure and step down

RIM, after all that has gone on in recent years (and my list is just SOME of the lowlights)... How can you possibly publicly announce that you are continueing the ex CEO's SAME PLANS that led you to this point?

Its boggles the mind... And sad part is, this all will lead to one less competitor in the market. Its pretty much just IOS and Android, with a big "maybe" under Winmobile.

Competition is good. It drives innovation and lowers proces for consumers. RIM's bumbling hurts us all.


RE: Bright Future!
By mcnabney on 1/27/2012 11:33:38 AM , Rating: 2
The best question is, who will buy RIM and snag all those yummy patents? RIM's share price is pretty much a reflection of their IP, not their products.


RE: Bright Future!
By killerroach on 1/27/2012 1:19:22 PM , Rating: 2
Even further than that, it's not much of a stretch to assume the market capitalization of RIM actually implies the value of the business operation itself is negative. Their IP/patent portfolio is likely more valuable than the company is.

Were it not for the amount of debt that these guys likely have on their balance sheet, they would have been acquired already. As it stands, everybody's just waiting for RIM to circle the drain and then rip them apart once they file Chapter 11.


RE: Bright Future!
By prophet001 on 1/30/2012 2:53:30 PM , Rating: 2
Meanwhile Google owns you and has even gone so far as to dare you to do something about it.

Have fun with that.

:/


RE: Bright Future!
By bertomatic on 1/30/2012 3:07:41 PM , Rating: 2
you obviously have no idea what you are talking about.
stock is at 10x previous 2002 value, revenue and income have increase year over year. DBITDA 2011 = 5.67 BILLION

Just look at their financials before you spout off like that, idiot.

http://www.marketwatch.com/investing/stock/rimm/fi...


RE: Bright Future!
By Cheesew1z69 on 1/30/2012 3:51:13 PM , Rating: 2
Between 2008-2010, they almost peaked at 145, they are at 17 now....

So, fail on your part...


RE: Bright Future!
By BugblatterIII on 1/27/2012 2:24:26 PM , Rating: 2
Well he was appointed by the previous guys; what do you expect?

In fact he's worse; he hasn't yet realised he's working for the wrong company...


RE: Bright Future!
By Belegost on 1/27/2012 5:05:59 PM , Rating: 4
Why? Because he sees the reality of a crowded Android market? Look at the financial from Motorola, HTC, and so forth, they really aren't good. Samsung is making headway, and the others are struggling. So why enter a market like that?

Personally I think RIM is going to fall away, and squeezed out by iOS, Android and WP7. But trying to be a me too in the Android environment seems as poor a choice as doing the same as they have been.

As reference, I check this Forbes article:
http://www.forbes.com/sites/terokuittinen/2012/01/...

The margins on feature phones are better than the average Android phone...


RE: Bright Future!
By LordSojar on 1/28/2012 11:07:08 AM , Rating: 1
quote:
So their new CEO is just as clueless about this stuff as their old one? Man I see a real bright future in store for RIM.


Clearly you've not been drinking Pirks' koolaid then. RIM will become the most powerful tech company in the world with their superior BBX10 or w/e the new, lawsuit friendly name will be, and their phenomenally superior hardware specs which outperform all others!

I find myself using /Sarcasm tags a lot more recently on Dailytech. Why is this? Oh right.... dumb people who can't see writing on walls months in advance.


RE: Bright Future!
By Cheesew1z69 on 1/28/2012 5:35:26 PM , Rating: 2
Just dumb in general...


RE: Bright Future!
By Pirks on 1/30/2012 6:38:45 PM , Rating: 2
Second clown just entered DT realm besides the cheesy one above. Welcome to the local clown club, Sojar. Cheesy here will introduce you to the local rules and regulations. The main rule is pretty simple though: make some idiotic statements, pretend like I said them and dance around like a clown, while entertaining me.

Good job Sojar, now post some more idiocy pls, I love your funny dancing style. Wanna try to catch up to cheesy? He's a champion in idiocy for now, it's gonna be hard to beat him :)


RE: Bright Future!
By Cheesew1z69 on 1/30/2012 7:39:21 PM , Rating: 2
Wow, just wow....you truly are an idiot, it's just astounding...

Please don't procreate, save us all the misery.


RE: Bright Future!
By Pirks on 1/30/2012 9:01:17 PM , Rating: 2
It's not your turn to entertain me cheesy, it was sojar's so could you please stay quiet until sojar posts some more funny lying bs about what I've "said". Then it'll be your turn, okay?


“We do believe we have a moral responsibility to keep porn off the iPhone.” -- Steve Jobs














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