New RIM CEO Vows to Create a ‘Lean, Mean Machine’

New RIM CEO Vows to Create a ‘Lean, Mean Machine’

As Research In Motion’s customers prepare for its impending demise, RIM’s new CEO vowed on Tuesday to turn the troubled company around with a new generation of BlackBerry devices, saying he would transform RIM into a “lean, mean, hunting machine.”

Reuters, via MacDailyNews:

But Thorsten Heins, presiding over his first annual meeting since taking the helm, offered little to disgruntled shareholders beyond his faith in the power of the BlackBerry 10 line to reverse RIM’s fortunes. Its battered stock fell another 5 percent after he spoke.

“There was no mention of a sale of the company, no mention of a breakup of the company, and again, our big, big concern is if the BB10s are a dud,” said Vic Alboini, chief executive of Jaguar Financial and a long-time RIM critic. “Where are we then?”

Following a year that saw nearly 80 percent of RIM’s value wiped out, Heins acknowledged shareholders frustration. Grumbling has been heard about his decision to delay the launch of the new phones until after the crucial holiday shopping season.

“I am not satisfied with the performance of the company over the past year,” Heins told the mostly subdued audience. “Many of you are frustrated with the time it has taken us to make our way through the transition.”

Heins, who took over as CEO in January, expressed his confidence that RIM was headed in the right direction. “I have assembled a leadership team for RIM that’s truly capable of taking us into future.”

RIM was a mobile email pioneer with its first BlackBerry devices more than a decade ago, but has seen market share slide drastically as consumers have flocked to Apple’s iPhone and devices based on Google’s Android operating system.

  1. 180878 349540Great V I should definitely pronounce, impressed with your website. I had no trouble navigating through all the tabs and related information ended up being truly simple to do to access. I recently found what I hoped for before you know it in the least. 832244

  2. 696652 373850Some truly great articles on this web site , appreciate it for contribution. 268630

  3. 307095 329008Incredibly finest man toasts, nicely toasts. is directed building your own by way of the wedding celebration as a result are supposed to try to be witty, amusing and consequently unusual as nicely as. very best mans speech 474646

  4. betflix says:

    843616 858698An intriguing discussion will be worth comment. I believe which you can write read much more about this topic, may effectively undoubtedly be a taboo topic but typically folks are inadequate to chat on such topics. To a higher. Cheers 73792

  5. 992288 887665Most reliable human being messages, nicely toasts. are already provided gradually during the entire wedding celebration and therefore are anticipated to be quite laid back, humorous and as nicely as new all at once. very best man speech 333994

Leave a Reply

Your email address will not be published.