I am reading today that the Blackberry maker is posting a net loss for the quarter, and that ex-CEO Jim Balsillie is departing the company.
It's obvious that Android (and Apple) have decimated RIM's business; they have greatly advanced the smartphone market over the last five years, while RIM has struggled to change.
My question, as both a Canadian and a believer that strong competition is good for all: What does RIM need to do to become competitive again? What do they realistically need to do to become competitive with Android, Apple, and perhaps Microsoft?
RIM posts loss as new CEO begins to clean house | Top News | Reuters
"TORONTO (Reuters) - Research In Motion posted a net loss and its first slump in BlackBerry shipments for its holiday quarter since 2006, as its new CEO announced the initial steps in a strategic overhaul and would not rule out an eventual sale of the company."
"A handful of senior executives, including former co-CEO and current director Jim Balsillie, will depart."
"Chief Executive Thorsten Heins, who took over from Balsillie and co-CEO Mike Lazaridis in January, said he was still focusing on a turnaround of the company, which has been hammered by competition from Apple and Google's Android in recent years."
It's obvious that Android (and Apple) have decimated RIM's business; they have greatly advanced the smartphone market over the last five years, while RIM has struggled to change.
My question, as both a Canadian and a believer that strong competition is good for all: What does RIM need to do to become competitive again? What do they realistically need to do to become competitive with Android, Apple, and perhaps Microsoft?
RIM posts loss as new CEO begins to clean house | Top News | Reuters
"TORONTO (Reuters) - Research In Motion posted a net loss and its first slump in BlackBerry shipments for its holiday quarter since 2006, as its new CEO announced the initial steps in a strategic overhaul and would not rule out an eventual sale of the company."
"A handful of senior executives, including former co-CEO and current director Jim Balsillie, will depart."
"Chief Executive Thorsten Heins, who took over from Balsillie and co-CEO Mike Lazaridis in January, said he was still focusing on a turnaround of the company, which has been hammered by competition from Apple and Google's Android in recent years."