CEOs of RIM Step Down

An anonymous reader writes "After two decades of leading the BlackBerry maker, Mike Lazaridis and Jim Balisillie are stepping down from their roles as Co-CEOs at Canada's Research In Motion Limited. Thorsten Heins will now lead RIM as it attempts to beat the likes of Apple and Google."

Comments

Re:Too late?

[Mockylock]

You're absolutely right. They did nothing to react to the rest of the smartphone devices when they were pulling in money. It seemed as if years went by and their devices were exactly the same, as well as the same interface and services... all while the rest of the world was changing on a daily basis. That money should have been tossed in R&D while they had it, and now it's too late. With the interaction you can get from other solutions (exchange/web/etc) and better phones, they're way too late on switching out leaders. I don't believe they have enough revenue coming in to catch up. I'm guessing when stock drops more, a company such as Microsoft will gobble them up, considering MS is looking for a business platform for Windows Phone and has enough money to turn it around.