Despite plans for 5,000 job cuts and delays to its BB10 OS launch, RIM's new CEO says there's 'nothing wrong' with the BlackBerry maker

Dan Jones, Mobile Editor

July 3, 2012

1 Min Read
RIM CEO Denies BlackBerry Death Spiral

BlackBerry 's new CEO says that the company isn't "in a death spiral" despite continuing waves of bad news for the BlackBerry maker.

Thorsten Heins made the comments on CBC Radio-Canada on Tuesday morning. "There's nothing wrong with the company as it exists right now," he said.

The company just reported last week a first-quarter operating loss of $518 million and said it will cut 5,000 more jobs over the course of this year. Heins also said that the BlackBerry maker will have to delay its BB10 operating system launch until the first quarter of 2013.

Why this matters
Heins's comments will come as a surprise to stock markets and media types speculating on when RIM's end will come. Heins did stress on the quarterly report call that the slashing job cuts will help the company move forward.

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— Dan Jones, Site Editor, Light Reading Mobile

About the Author(s)

Dan Jones

Mobile Editor

Dan is to hats what Will.I.Am is to ridiculous eyewear. Fedora, trilby, tam-o-shanter -- all have graced the Jones pate during his career as the go-to purveyor of mobile essentials.

But hey, Dan is so much more than 4G maps and state-of-the-art headgear. Before joining the Light Reading team in 2002 he was an award-winning cult hit on Broadway (with four 'Toni' awards, two 'Emma' gongs and a 'Brian' to his name) with his one-man show, "Dan Sings the Show Tunes."

His perfectly crafted blogs, falling under the "Jonestown" banner, have been compared to the works of Chekhov. But only by Dan.

He lives in Brooklyn with cats.

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