There’s nothing wrong with the company as it exists right now.
—Research in Motion CEO Thorsten Heins, on his company’s current predicament. Heins waved off all the talk of death spirals, suggesting RIM will make it through this “transition” and that the company is already a lot different from when he took the helm six months ago. Of course, Heins’s confidence, while heartening, would be more convincing had RIM not just announced 5,000 layoffs and a $500-million loss. [CBC News]
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