RIM Co-CEOs Balisillie and Lazaridis to Step Down
Top message: Much Needed and Long Overdue by T Bone
Replying to: Re: Much Needed and Long Overdue by T Bone
Re: Much Needed and Long Overdue
T Bone said:
Truthfully, there is nothing really 'wrong' at RIM, it's just an image problem, in 2011 they sold 50 million Blackberry handsets, whatever that might be, that's NOT failure or a sign that the company is about to go under. The only problem is the Wall Street analysts who keep telling people to sell RIM stock....the very same analysts, I might add, who told people to keep buying Enron stock right up until the moment the company went under. The analysts don't know jack.
A change in leadership is exactly the kind of thing to fix that image problem and help the stock price start increasing again.
Nice post. And very, very true.
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