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RIM CEO claims the Blackberry maker isn't beyond repair

Says it isn't in a 'death spiral'
Wed Jul 04 2012, 12:37
RIM CEO Thorsten Heins Keynote

RESEARCH IN MOTION (RIM) CEO Thorsten Heins has rather oddly claimed that there's "nothing wrong" with the flailing company, saying that the firm isn't in a "death spiral" situation.

Speaking with Canada's CBC radio network, Heins dismissed claims that RIM is beyond repair, following the firm's recent quarterly financial report, which saw the firm post a loss of $518m as revenue dipped by 43 per cent.

"This company is not ignoring the world out there, nor is it in a death spiral," he said."There's nothing wrong with the company as it exists right now. I'm not talking about the company as I, kind of, took it over six months ago. I'm talking about the company (in the) state it's in right now."

Heins added that although the company is facing challenges, it's also in the midst of a transition that could see it regain prominence in the mobile market, no doubt referring to the company's anticipated launch of its Blackberry 10 operating system.

"All that is in the making, it's in the works," he said. "This company is in the middle of it and I'm positive we will emerge successfully from that transition."

These remarks came amidst rumours that RIM could be eyeing Microsoft's Windows Phone 8 operating system, given the months long delays to its release of the Blackberry 10 operating system. Could following Nokia into oblivion be the transition that Heins was really talking about? µ


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