RIM CEO on What Went Wrong and the Future of BlackBerry | CIO.com
In an exclusive Q&A, CIO.com’s Al Sacco chats with RIM CEO Thorsten Heins on the current state of BlackBerry and how it fell from grace, what the company is doing to ensure things in Waterloo don’t get worse, and the product delay problems that have plagued RIM.
By Al Sacco – Mon, July 09, 2012
CIO — On Thursday June 28, Research In Motion (RIM) CEO Thorsten Heins announced the company’s latest financials in a particularly grim earnings call. Heins reported a first-quarter loss of $518 million, or 99 cents a share. Overall sales for the period were $2.8 billion, down from $4.9 billion in the same quarter a year ago, he said. And Heins announced RIM would be cutting roughly 5,000 employees.