RIM CEO: "Nothing Wrong" With Company

techead

techead

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Research In Motion President & CEO Thorsten Heins said on Tuesday there’s nothing wrong with the company and denied that the maker of BlackBerry smartphones is in a "death spiral." In a radio interview with Canadian Broadcasting Corp, Heins said RIM is facing very big challenges but would emerge successfully from the transition it’s going through.

Heins denied that RIM's future is in doubt because it delayed the launch of its next-generation BlackBerry 10 phones until next year. RIM announced last week a steeper-than-expected quarterly operating loss and that it would slash 5,000 jobs. RIM's announcement that it would cut 30 percent of its workforce, reinforced a widely held impression that the company could be in terminal decline
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linky

I guess a $518 million loss for the first quarter doesnt count for much then.

denial :wtf:
 
They're trying to pull a Nokia here, without the capital, without the investor confidence, without decent leadership and without the required innovation. At least Nokia have see-through phones and bendy-materials to make phones of the future. BB are a one-trick pony with a dying value proposition and nothing in terms of hardware or software to rival anyone of importance.

If they were to launch today, they'd be hung out to dry. That, Mr CEO, is a dire position to find yourself in...
 
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Captain Edward Smith, 14 April 1912: "Nothing wrong" with ship.
 
At least Nokia had the balls to admit they were at a cliff-edge with their current business model.
 
head-in-the-sand1.jpeg
 
9 Reasons Why RIM’s CEO Is Totally Delusional

RIM CEO Thorsten Heins is sort of like the captain of the Titanic, except the Titanic was popular and people were sad when it sank. But unlike Captain Edward Smith, Heins is either crazy or a liar. Or both.

This week, while most of America was either preparing for or in the midst of a beer-and-meat-induced catatonic state, RIM's current and final chief executive took a frosty page from the old Iraqi Information Minister, telling the world that the sky was not falling, but if it were, it was a chocolate sky. Lift up your mouth and let the delicious death spiral sprinkles fall into your mouth! Everything is lovely, nothing harmed, the children of tomorrow smile, palms upward, waiting for a new BB10 device. They tie ribbons in their hair and wait.

He also spit out a salvo of statements diametrically opposed to the fabric of reality. Here's all the proof you need to decide that RIM isn't just ****ed, but not even due for an enjoyable ****ing. The man in charge is full of ****. To wit, from an op-ed in the Globe and Mail that will make you weep:

1. "Don't count BlackBerry out."

Sorry, everyone has. It's over. And a weak cliche of ra-ra-ism isn't going to change that.

2. "We believe RIM is a company at the beginning of a transition that we expect will once again change the way people communicate."

There is nothing we've seen of BB10 that suggests it would've been anything more than a catchup grab at iOS, Android, and Windows Phone. There is zero about BB10 that's of the future.

3. "As we prepare to launch our new mobile platform, BlackBerry 10, in the first quarter of next year, we expect to empower people as never before. BlackBerry 10 will connect users not just to each other, but to the embedded systems that run constantly in the background of everyday life - from parking meters and car computers to credit card machines and ticket counters."

This would be a grandiose statement even from Google or Apple.

4. "We are working diligently on BlackBerry 10 in order to provide a compelling experience for our loyal enterprise customers and consumers. While we are in a very competitive and constantly changing market, customers benefit from this competition and continued innovation."

"Customers" do, but not RIM customers. Nobody who wants a BlackBerry will benefit by waiting for an operating system that will almost certainly not see the light of day.

5. "As has been reported, RIM has hired outside advisers to help me and the other members of the executive team think about the business in new ways and to explore a range of alternatives that leverage our core strengths and build on the BlackBerry brand."

Translation: we have brought in consultants to figure out how we can die gracefully. Okay, actually that's the sanest thing he's said in months. Minus the "build on the BlackBerry brand" part.

6. "In response to our tough quarterly results last week, our employees received thousands of e-mails from around the world from retail customers, carrier partners, developers, family, friends and neighbours expressing their support and loyalty to BlackBerry. They are - like many of us - BlackBerry people by choice."

How many BlackBerry users have any brand loyalty beyond their job requirements? And how many of those "thousands" of cheery messages, if they are real, were matched by thousands of messages from the thousands of RIM employees you laid off because your company is dying?

But it might be a recent interview that shows just how detached Thorsten Heins is from anything you could call the real world:

7. "There's nothing wrong with the company as it exists right now," Heins said on CBC's Metro Morning radio show.

8. "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."

But Thorsten, you yourself speak of "tough quarterly results," how yours is a "challenging job," and how the company needs to "start to surface." From one side of your mouth you downplay RIM's necrosis, and from the other side, deny it altogether. At least Nero had the decency to fiddle while Rome burned—Heins just plays the bull**** saxophone. We get that RIM needs to puff itself up if it wants to attract buyers for an inevitable corporate butchering—like a diseased peacock that still needs a mate—but this is just unseemly.

If, for whatever reason, you need more evidence that the man is unfit to see RIM droop and splinter in its last gloomy days, consider the fact that, at one point, Thorsten Heins said—without a shred of irony:

9. "Let's rock and roll this!"

That is all.
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Source Gizmodo
 
TJ99 said:
Captain Edward Smith, 14 April 1912: "Nothing wrong" with ship.
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Yeah true. At this rate, I don't think RIM will even be able to afford a brass band to play them out as they go down...
 
techead said:
linky

I guess a $518 million loss for the first quarter doesnt count for much then.

denial :wtf:
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He still has a job to do - he still needs to try and make RIM profitable again - and you dont do that by saying publicly "OMG, we are so skrewed!" (even if you are). I wouldnt call him out too harshly for this.
 
eltherza said:
He still has a job to do - he still needs to try and make RIM profitable again - and you dont do that by saying publicly "OMG, we are so skrewed!" (even if you are). I wouldnt call him out too harshly for this.
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There is a difference.

1st step to recovery is to acknowledge that you stuffed up, you can not get past that, everyone knows that.
Telling lies like everything is dandy and saying "always was and always will be fine" does not invoke confidence.

Look @ mighty Microsoft that admit openly that buying an ad company was a stuff up and they should never have done it.
 
Elimentals said:
There is a difference.

1st step to recovery is to acknowledge that you stuffed up, you can not get past that, everyone knows that.
Telling lies like everything is dandy and saying "always was and always will be fine" does not invoke confidence.

Look @ mighty Microsoft that admit openly that buying an ad company was a stuff up and they should never have done it.
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But alot of these comments and questions are about the future of RIM* (and not past mistakes). Such as "is RIM in a death spiral?". If you answer yes, you'll lose all hope of recovering.

*I'm refering speficially to the link provided
 
eltherza said:
But alot of these comments and questions are about the future of RIM* (and not past mistakes). Such as "is RIM in a death spiral?". If you answer yes, you'll lose all hope of recovering.

*I'm refering speficially to the link provided
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But when you are on the point of no return, you need to be honest. It would be better for him to admit that the company is struggling (but not dead) than to come up with this rubbish.
 
Crises?
what crises?

Thorsten is sounding like Mbeki's bastid son.
 
Third Blue From the Sun said:
But when you are on the point of no return, you need to be honest. It would be better for him to admit that the company is struggling (but not dead) than to come up with this rubbish.
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If there still investement/returns coming in, you buy yourself (and 15 000 other people) the chance to fix it. When you are the point of no return, you close the doors.

Might be a futile effort in the long run though (or they surprise us all).
 
eltherza said:
If there still investement/returns coming in, you buy yourself (and 15 000 other people) the chance to fix it. When you are the point of no return, you close the doors.

Might be a futile effort in the long run though (or they surprise us all).
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It doesn't matter how convincing your reasoning may be to see all 3 sides of the matter, the android geeks have already called it when it comes to anything that isn't android or google.
 
Mr Heins looks a bit scary in real life.

RIM should rather give the PR and public speaking to hot babes in bikinis, or well-known celebs.

The sad truth is that RIM's two CEOs did nothing when they should have (the day they heard about the iPhone) and now it's too late.

If I was the RIM CEO, the whole Meego dev team would have been already working there.
 
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