Investor Call: Co-CEO Must Go

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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

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