Search This Blog

Tuesday, July 3, 2012

Is RIM in a Death Spiral?

Not according to Heins, CEO of RIM.

Share price continues to fall, 5,000 layoffs coming (30% of the workforce), delaying the latest Blackberry and analysts saying RIM is dying doesn't mean a death spiral?

The question is not if, but when.  2020 is the year RIM disappears according to Nomura Equity Research.

I suspect he is being conservative.