All Eyes on RIM Thursday

Share This Post

Source: The Verge

Analysts, investors, and the wireless industry at large are bracing for what should be an interesting fiscal Q4 2012 earnings call from RIM tomorrow, the company’s first full reported quarter since CEO Thorsten Heins took over for Jim Balsillie and Mike Lazaridis in January.

Heins hasn’t had time to meet his first major goal yet — getting BlackBerry 10 shipping on exciting devices — but he’ll still need to guide Waterloo through what’s likely to be a tough year: the Wall Street Journal notes that analysts are anticipating profit of 81 cents per share, down from $1.78 per share a year prior. For what it’s worth, WSJ reports a source as saying that Heins is “instilling new focus” inside RIM with the sole goal of shipping BlackBerry 10, a marked break from the old leadership’s seemingly divided attention between 10 and the legacy BlackBerry 7 line; by all accounts, focusing on the future is exactly what Heins and his troops need to do.

Chris Ziegler – The Verge

 

Related Posts

Top MBA College in India with Low Fees: Why NBS Ahmedabad Is a Smart Choice

Choosing the Top MBA College in India is one...

Startup Business Loan Eligibility and Required Documents

Starting a new business often requires more capital than...

How Southern California Businesses Should Evaluate Commercial Carpet Cleaning Providers

Why Commercial Carpet Cleaning Matters Commercial carpet cleaning can remove tracked-in soil and improve appearance when the carpet is still structurally sound. It should be treated as part of condition management, not as a guaranteed fix f

Why Tour Operators Should Use Seasonal Ad Scheduling

Tourism is one of the most seasonal industries in...

Why Businesses Are Investing in 2D Character Animation USA for Powerful Brand Storytelling

In today's fast-moving digital marketplace, businesses need content that...

Smart Business Practices That Improve Productivity and Profitability

Every successful business strives to increase productivity while maintaining...