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

Comments     Threshold

This article is over a month old, voting and posting comments is disabled

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.

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...

"Well, we didn't have anyone in line that got shot waiting for our system." -- Nintendo of America Vice President Perrin Kaplan

Latest Headlines
Inspiron Laptops & 2-in-1 PCs
September 25, 2016, 9:00 AM
The Samsung Galaxy S7
September 14, 2016, 6:00 AM
Apple Watch 2 – Coming September 7th
September 3, 2016, 6:30 AM
Apple says “See you on the 7th.”
September 1, 2016, 6:30 AM

Most Popular Articles5 Cases for iPhone 7 and 7 iPhone Plus
September 18, 2016, 10:08 AM
No More Turtlenecks - Try Snakables
September 19, 2016, 7:44 AM
ADHD Diagnosis and Treatment in Children: Problem or Paranoia?
September 19, 2016, 5:30 AM
Walmart may get "Robot Shopping Carts?"
September 17, 2016, 6:01 AM
Automaker Porsche may expand range of Panamera Coupe design.
September 18, 2016, 11:00 AM

Copyright 2016 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki