All Eyes on RIM Thursday

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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

 

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