Items tagged with BlackBerry OS
When RIM fired its previous team of co-CEOs, Jim Balsillie and Mike Lazaridis, but replaced them with quiet insider Thorsten Heins, there was concern that the latter was too closely wedded to RIM's old guard to be able to deliver the kind of change the company needs. That idea has just been chucked squarely out the window -- for better or worse, Thorsten has shown his commitment to revamping RIM, starting with some major housecleaning. Basillie, who had taken up a post on RIM's board, is altogether gone, as is the company's CTO, David Yach, and its COO, Jim Rowan. Their firings are just the flagship announcement of a horrifically bad quarter. RIM's fiscal Q4 2012 revenue was $4.2B, down 19% from...
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Research In Motion has reportedly trimmed its list of future BlackBerry 10 devices down to just a single handset, The upcoming device, BlackBerry London. Up until now, RIM was working on the BlackBerry Colt, which was supposed to be the first BlackBerry OS 10 device. Betting everything on just one handset is a risky move--the company is putting all its eggs in one basket--but it might be the correct one. In this case, software is far more important than hardware. RIM doesn't need to deliver best-in-class specs half so much as it needs an operating system and product strategy that get people excited about BlackBerry phones again. RIM could give the upcoming London a major performance boost compared...
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RIM is in trouble after delays to its core products and upcoming BlackBerry OS 10 sent investors diving for cover. During the company's last conference call, its co-CEOs promised to investigate every possible option for improving RIM's market position while it works on the upcoming BlackBerry 10 OS and tries to strengthen the appeal of the BlackBerry Playbook. Even so, news that Microsoft and Nokia considered a joint bid for the company comes as a surprise. The Wall Street Journal reports that the three companies discussed such a proposition but notes that the status of the talks "remains unclear." RIM's stock has continued to tank, from $59.10 in January 2011 down to $12.52 on Tuesday, December...
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