CEO: Research In Motion Limited (USA) (RIMM) Will Be Like Muhammad Ali

CEO: Research In Motion Limited (USA) (RIMM) Will Be Like Muhammad Ali
user1462590383 / Pixabay

Research In Motion Limited (USA) (NASDAQ:RIMM) (TSE:RIM) CEO Thorsten Heins said his company would be like Muhammad Ali, who was known for knocking out his opponent during a major boxing event in round eight. Those are certainly fighting words from the CEO of a company that analysts can’t even make up their minds about right now.

CEO: Research In Motion Limited (USA) (RIMM) Will Be Like Muhammad Ali

“Wednesday is round 8,” Heins said at a debate moderated by CNBC at the World Economic Forum in Switzerland.

As Hedge Funds Dive Into Private Equity, Tiger Global Leads The Way

Screenshot 2021 09 16 15.33.10Assets in private equity and venture capital strategies have seen significant growth in recent years. In comparison, assets in the hedge fund industry have experienced slowing growth rates. Q2 2021 hedge fund letters, conferences and more Over the six years to the end of 2020, hedge fund assets increased at a compound annual growth rate Read More

Next Wednesday is the day when investors will finally see the long-awaited BlackBerry 10, and Heins says he thinks Research In Motion Limited (NASDAQ:RIMM) (TSE:RIM)’s critics will quiet down when they see the new handset.

The company has been flailing in recent years as Apple Inc. (NASDAQ:AAPL) and Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930) have eaten away at its market share.

Now Heins is assuring investors that the company has learned from its mistakes.

“Never ever cook a dinner with the same recipe again,” Heins said. “You always have to add something new, and I think that’s the key learning that we have from our history.”

He said that’s why the company built a new platform that’s centered on mobile computing rather than simply mobile communication. He believes Research In Motion Limited (NASDAQ:RIMM) (TSE:RIM) will be “a leader in driving the market towards mobile computing.”

Today Research In Motion Limited (NASDAQ:RIMM) (TSE:RIM) released its BlackBerry Enterprise Service 10, the new device management system that was designed for the BlackBerry 10. The Times Live reports that Corporate clients and government agencies can now access the new service, which makes it possible for clients to support devices that are both employee-owned and corporate-owned. It’s a single platform which users can utilize to manage their BlackBerry, iOS and Android devices all in one place.

Updated on

No posts to display