MEMORIAL DAY SALE: Use Coupon Code MEM12 at checkout to save 15% on ALL BlackBerry accessories this weekend!
Join Our 3 MILLION+ Members Today! Register Here | Login
Login or Register to post comments

35 Comments

Posted by elsteve9 Monday, Jan 23, 2012 125 days ago

A well written, realistic article.

-Stephen

 
 
Posted by chronomatic Monday, Jan 23, 2012 125 days ago

+1 to that!

 
 
Posted by DJCigar Monday, Jan 23, 2012 125 days ago

It's not just a well written article or Kevin being star struck. It seems change in these time is good. Besides Mike and Jim still have stock in the company. It's about stock value, market share and consumer perception.

 
 
Posted by raremage Monday, Jan 23, 2012 125 days ago

This can only be good for the strategic direction of BlackBerry as well as my RIM stock.

 
 
Posted by Blackberry_boffin Monday, Jan 23, 2012 125 days ago

I think he really needs to get the word out there pronto about what will happen next. The stock just tanked about 7% as some feel its more of the same or that Jim and Mike will still run things by proxy.

 
 
Posted by bbpandy Monday, Jan 23, 2012 124 days ago

I predicted that. With the CO-CEO's gone, it just means that their critics will have to find a new reason complain...sure didn't take them long though. The Best one is "Thorstein has a reputation of executing. He’s not a visionary like Steve Jobs” I thought one of the biggest complaints & biggest problems at BlackBerry over the past year or so was RIM's inability to execute. So wouldn't that be good?

I have no respect for most of these analysts. The loudest ones, are the ones who realy don't know anything.

btw B4 today, RIM's stock was out performing the NASDAQ. 17% vs 8%

 
 
Posted by bbpandy Monday, Jan 23, 2012 125 days ago

Yea I'm thinking of changing my schedual tomorow so I can watch the webcast...

 
 
Posted by BoldBerryGirl Monday, Jan 23, 2012 125 days ago

An exciting time for RIM.....I hope they take advantage of it

 
 
Posted by Ezcal Monday, Jan 23, 2012 125 days ago

For the conference call, 8am in which timezone?

 
 
Posted by RoseBud68 Monday, Jan 23, 2012 125 days ago

Lets hope these new fresh eye will change thing for the better. And let hope the old CEO's don't have any input in his decision.

 
 
Posted by stackberry369 Monday, Jan 23, 2012 125 days ago

The steve jobs image?

 
 
Posted by tedrex Monday, Jan 23, 2012 125 days ago

This guy sucks. Looks like just another smiley career criminal, no substance.
Excited about this and that... Sick to hear sh*t like that.
Just tell me what is the problem with RIM and how you gonna fix it.
Otherwise, too bad for RIM.

 
 
Posted by Brianflys Monday, Jan 23, 2012 125 days ago

Crawl back under your bridge, troll. You will not upset what is another of the new line of smart moves by RIM. RIM is rolling, and there is nothing you can say or do that will stop it now...:)

Maybe blue open-neck shirts will be the new black?

 
 
Posted by tedrex Monday, Jan 23, 2012 125 days ago

another smart move? RIM move has not always been smart, otherwise they shouldn't have been in such deep trouble. Mark my words, this guy has no guts to turn RIM around.

 
 
Posted by BB10FTW Monday, Jan 23, 2012 125 days ago

So even when we get an optimistic forward thinking new CEO you're unhappy? Its his first day or night rather and you expect him to lay out an entire plan on how he is going to "save" the sinking company? For starters he is Freaking Awesome and second RIM's stock is whats dead not the company. Why don't you just applaud and be happy that new direction has come. You remind me of the analysts who complain even when the changes they were complaining about get changed. Have some patients and wait for tomorrows call.

 
 
Posted by tedrex Monday, Jan 23, 2012 125 days ago

I have no reason to applaud to a crappy looking and sounding CEO. I even fear it is a change for worse.

 
 
Posted by dirtyberry75 Monday, Jan 23, 2012 125 days ago

I hope BlackBerry keeps its legendary keyboard (Bold 9900 and Torch 9810) give us a real OS that actually competes in today's market, and stop with the expensive games from Atari 7800!!!

 
 
Posted by tedrex Monday, Jan 23, 2012 125 days ago

another smart move? RIM move has not always been smart, otherwise they shouldn't have been in such deep trouble. Mark my words, this guy has no guts to turn RIM around.

 
 
Posted by BB10FTW Monday, Jan 23, 2012 125 days ago

GO THORSTEN HEINS!!!!!!!

 
 
Posted by swiftex Monday, Jan 23, 2012 125 days ago

Solid News.

 
 
Posted by Dapper37 Monday, Jan 23, 2012 125 days ago

Solid move RIM, plus Fairfax financial is a major share holder now witch is a blocking move against any unwanted holstile take over attempt. The transition is on and was planed out well.

 
 
Posted by Peritaxis Monday, Jan 23, 2012 125 days ago

Heins is a German! And hey, look at Europe now, the only country still standing strong is Germany. Having a German practical yet innovative mindset is what RIM needs right now.

And maybe, help BlackBerry break into the German market, which is sorely amiss at the moment amongst all the Droids and iPhones.

 
 
Posted by bbpandy Monday, Jan 23, 2012 124 days ago

Yea Maybe the BOLD line will be replaced by the BMW line :P

 
 
Posted by imcurved Monday, Jan 23, 2012 125 days ago

Great news just in time for Lunar new year, the year of the Dragon. Wishing RIM all the best. May she turn around soaring and flying high like a dragon.

 
 
Posted by BB_Vee Monday, Jan 23, 2012 125 days ago

Off topic, but I always enjoy Chris' articles. I find them very informative and fair.

 
 
Posted by greatwiseone Monday, Jan 23, 2012 125 days ago

I'm a bit surprised at some of the criticisms at this decision from the media (see engadget's editorial for instance)...sold decision I think.

 
 
Posted by BeckerSK Monday, Jan 23, 2012 125 days ago

Chris

Thorstan's selection is probably a pretty good one at this point for RIM. They needed a change but he has enough time with RIM to understand their culture. If they brought in a total outsider there would be resistance to the changes he needs to make over the next 6 months. So they probably have the right balance. Having worked at Siemens I understand a little bit about the DNA that Thorstan will bring to the table. He will bring a number of strengths:

Focus on execution, do it right and on schedule
Logistics
International perspective of the market
Strong tradition in technology

However, Siemens strength was always in commercial and industrial clients, never in the consumer end. In fact they usually had trouble in competing in industries that were driven by consumers. They need to hire a new marketing guru from completely outside of RIM.

 
 
Posted by Chris Umiastowski Monday, Jan 23, 2012 125 days ago

Absolutely agree - Jim was wearing the CMO hat, and I never saw him as the right person for that (as I wrote many times). So they need a super marketing guy to step up, and for that I believe it has to be an outsider.

I hope this comes up on the call in 20 minutes ... so on that note, gotta go get breakfast !!

 
 
Posted by katiepea Monday, Jan 23, 2012 125 days ago

i was excited to see the CEO's stepped down, then i read what has actually happened, not only did they go to positions where they're still going to be a HUGE part of RIM, they've been replaced with someone who is likely for all intents and purposes, actually more responsible then them for where blackberry is currently at. this is probably the worst decision they could have made for a new CEO. this guy served chief operating officer of product engineering for years. pretty sure he should have been fired, not promoted, i figured crackberry would have only positive news spin on this issue, so i looked to see what other channels were saying, and they seem to be mirroring my sentiment about the topic. http://engt.co/A7BDU2 ... pretty much agree with everything written there.

 
 
Posted by editionfws Monday, Jan 23, 2012 125 days ago

What the hell is in his hand in that picture?

 
 
Posted by xiaohuaxing Monday, Jan 23, 2012 125 days ago

I dont get what TAT has been doing this whole time since they were bought. They made one app, Scrapbook. Then what? The cascades thing? Where is it?

 
 
Posted by SuperionMaximus Monday, Jan 23, 2012 124 days ago

Let's hope RIM answers that question at BlackBerry World or Mobile World Congress (though that might be to soon). I agree that RIM has been slow to integrate the acquired assets though the demo of Tablet OS 2.0 shows they are making progress with at least Gist with the PIM apps. I hope RIM Sweden (TAT) has a bigger role in the overall design and layout of the BB 10 UI as the progression to Tablet 2.0 still seems to need a bit more polish and uniformity. The UI still lacks a cohesive overall design language like iOS or the much hated Metro in Windows Phone 7, or even Halo in Android 4.0. It's good, don't get me wrong and the usability is fantastic, but needs some more work visually and RIM's European arm specializes in that.

 
 
Posted by XPEH Monday, Jan 23, 2012 125 days ago

Any comment on why the stock has been plummeting? Down 7% so far today. And that's after being up 4% pre-market. After the conference call, it started falling. Wall Street isn't impressed by the changes?

 
 
Posted by SuperionMaximus Monday, Jan 23, 2012 124 days ago

Because the Market does not want RIM to execute it's current plans. They want RIM to do what Nokia did, and throw in the towel and choose a presidential candidate to back... er.. I mean pick an ecosystem to support.

But there are parallels to the republican presidential race in the US. RIM is the candidate none of the pundits want to get the nomination yet they still keep winning primaries (growing their business). The market wants the stability that comes from having two or three big players making up the whole market and that's it. They don't want some little Canadian company pulling off the upset and defeating the "mighty" Microsoft/Nokia whatever the hell it is and maintaining their rightful spot at the top of the market. But what they don't get is Nokia gave up, and Microsoft has NEVER won over the market in mobile and RIM has kicked their ass for years in the mobile space.

Apple's luster will eventually wear off as their time at the top has already passed. They are currently where RIM was when they launched the original Pearl. At the top of their game but on the verge of decline. iOS has stagnated. It looks exactly the same today as it did in 2007. The every other year for a dramatically different phone model is not sustainable. Android changed things with their rapid development and are eating Apple's lunch. Microsoft modeled their whole approach after Apple's but bet it all on Metro a UI they've been trying to make catch on for 6 years now and have yet to be successful. So there is AT LEAST as great a chance that Microsoft will fail for the umpteenth time in Mobile and RIM still has a huge user base world wide that it can grow from. Symbian users sure as hell aren't flocking to Windows Phone though. If RIM maintains their core competencies in the new platform and delivers an even better user experience then the Playbook, I see no reason to be worried about their future.

 
 
Posted by ELoXL Monday, Jan 23, 2012 125 days ago

Is it just me or can you NOT think of Thurston Howell III from Gilligan's Island when saying his name?

The words just want to come out when I make an attempt at talking about the new CEO - lol.