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

sarahthomas1011 12/5/2012 | 5:28:39 PM
re: RIM CEO Denies BlackBerry Death Spiral

I mean, it's not like he should be running through RIM yelling "OMG we're going to die!!!" But, being this dismissive makes him sound a lot like those co-CEOs who got the boot for being disillusioned and ineffective.

Jeff Baumgartner 12/5/2012 | 5:28:38 PM
re: RIM CEO Denies BlackBerry Death Spiral

Alright, move on, nothing to see here, disperse...




HorseLynn 12/5/2012 | 5:28:37 PM
re: RIM CEO Denies BlackBerry Death Spiral

2012 is the winter of a lot of telecom related  biz ,(may not for Apple) , while i still hold a little slim hope that RIM survive more time , for i prefer it , and Nokia also , yesterday ,i told my colleague ,if my buying one more RIM or Nokia can contribute a little bit to prolong their survival , i will do it , for we chinese telecom vendors are also have our hard days, i really feel sry for Nokia and RIM :((

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