Investor Call: Co-CEO Must Go

Share This Post

A post over @ electronista reveals investors are fed up with the way RIM has been handling business. The main point made is that Mike L. and Jim B. are living in the past with the BlackBerry solution.

“They’re stuck in the past,” Snyder said in direct criticism. “They know what worked and keep playing that card and it’s not working any more, and they don’t seem to have any ideas.”

RIM has been moving forward recently but, there’s still the belief that the new devices and software shown won’t do much for their market share

It’s sad to see RIM reduced to such means of change in their leadership, but when investors are fed up, they don’t stay quiet. Looking to activists to make decisions isn’t a bad idea. I think that RIM will benefit from a change in the higher positions. I’m just hoping these changes happen quickly so we don’t get effected negatively. What do you think? Has RIM been doing their best to earn top investor dollars? Or have they been wasting money & time with late acquisitions and device hardware/software development?

Read this post and let us know what you think.

via Electronista

Related Posts

Why Karachi’s Beachfront Property Market Is Gaining Attention from Smart Investors

For years, Karachi's real estate market has been shaped...

Spotting the Locals: How to Maximize Wildlife Viewing on Your Mountain Vacation

A trip to the high country offers a much-needed...

Transforming Your Backyard Pool Area With Gabion Baskets

Summer means spending long hours out by the backyard...

Navigating the Milestones: How to Use an App to Track Your Child’s Development

Bringing a new baby home is an incredible, exhausting...