RIM, BlackBerry World Phones, Research in Motion

Research In Motion appears to be having a busy week. Former co-CEO Jim Balsillie has resigned from his position on the company’s board of directors.

Balsillie said this in a statement:

“As I complete my retirement from RIM, I’m grateful for this remarkable experience and for the opportunity to have worked with outstanding professionals who helped turn a Canadian idea into a global success.”

CTO David Yach would be retiring as well according to RIM. In addition, COO Jim Rowan has “decided to pursue other interests.”

With BlackBerry World only weeks away, newly-appointed CEO Thorsten Heins seems to be doing all he can to make some new noise in the shaky company. Heins says the company faces some significant business challenges over the “next several quarters” and is “taking the necessary steps to address” those challenges.

Those seem to include doing some “house cleaning” as sources say RIM is letting go of some “top executives.”

RIM had a reported revenue of $4.2 billion in the fourth quarter, down 19 percent from the third quarter, and a GAAP net loss of $125 million. Total BlackBerry shipments for the quarter fell 21% to 11.1 million units, while PlayBook shipments totaled 500,000, with a total of 1.3 million shipped during the fiscal year.

Heins says that he intends to refocus on the company’s efforts on BB10 and enterprise, but is keeping other options, including licensing of the BB10 software, in mind.


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By Josh Robert Nay

Josh Robert Nay is the founder and Editor-in-Chief of TruTower. He has worked in the telecommunications industry since 2003 and specializes in GSM based technology. He also uses (too many) VoIP apps and is a long-time user of BlackBerry, Android, and Windows Phone. He adores anything having to do with space exploration and writing. In addition to the links below, he can be found on LinkedIn and can also be found on his website at http://www.joshrobertnay.com.