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Is It too late to save RIM?

Matt Hamblen, John Ribeiro | Feb. 14, 2012
New Research In Motion CEO Thorsten Heins has a small window of opportunity to resuscitate the long-stumbling smartphone maker.

Gold added that it's important for critics to remember that RIM is "not doing badly in many parts of the world," and is still making money.

In its most recent fiscal quarter, which ended Nov. 26, the company reported a profit of $265 million -- but that was down 71% from that same period a year earlier. Sales in the quarter slipped 6% to $5.2 billion.

"They are not falling into obscurity," Gold said. "At the end of the day, it will be about execution."

Ribeiro is a reporter for the IDG News Service. Mikael Ricknais of the IDG News Service contributed to this story.

This version of this story was originally published in Computerworld's print edition. It was adapted from an article that appeared earlier on Computerworld.com.

 

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