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RIM issues statement on rumours of company splitting into two

By on June 25, 2012 at 9:51am in Mobile News


Yesterday a new rumour sprouted that once again targeted RIM, stating they have plans to potentially split their business up into two companies – handset and messaging network. We reached out to RIM this morning for a comment and here’s what they said:

“RIM has hired advisers to help the Company examine ways to leverage the BlackBerry platform through partnerships, licensing opportunities and strategic business model alternatives. As Thorsten said on the Company’s fourth-quarter earnings call, ‘We believe the best way to drive value for our stakeholders is to execute on our plan to turn the company around.’ This remains true.”

So not denying the rumour, just confirming that they’re focused on turning the company around. Part of the plan is to deliver the BlackBerry 10 OS and devices to the world by “the latter part of 2012.” RIM currently has over 78 million BlackBerry subscribers, 59 million BBM users and at the end of Q1 had about $2.1 billion in cash.

Certainly exciting times happening at RIM.

Related posts:

  1. Rumours surface again of RIM licensing BlackBerry 10 to Samsung
  2. RIM issues statement regarding BlackBerry outage
  3. RIM reportedly thinking about splitting business up into two: handset and messaging network divisions
  4. RIM issues statement regarding Kodak patent infringement suit delay

Discussion

22 comments for “RIM issues statement on rumours of company splitting into two”

  1. Surprised they didn’t say:

    “No comments for now, we will release a full statement in the LATTER part of the Week”

    Like or Dislike: Thumb up 7 Thumb down 12

    Posted by TheWay2Go@gmail.com | June 25, 2012, 9:55 am
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    • When will rim issue a statement on bb10 release date? Does it even exist?

      Like or Dislike: Thumb up 10 Thumb down 9

      Posted by Harps | June 25, 2012, 10:00 am

  2. Hidden due to low comment rating. Click here to see.

    Like or Dislike: Thumb up 7 Thumb down 37

    Posted by Ryan | June 25, 2012, 9:57 am
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    • that is not iOS…

      nice try though

      Like or Dislike: Thumb up 20 Thumb down 5

      Posted by sp | June 25, 2012, 10:03 am

    • Hidden due to low comment rating. Click here to see.

      Like or Dislike: Thumb up 3 Thumb down 13

      Posted by Ryan | June 25, 2012, 10:14 am

    • Ha ha ha, yes, very soon iOS will be needing to look as beautiful as BB10, with all respect, there’s nothing wow on 6.1

      Jumping from BB7 to BB10 that could be wow and very sexy, will see.

      Like or Dislike: Thumb up 14 Thumb down 6

      Posted by Sergio | June 25, 2012, 11:00 am

  3. The will divide the company in 3 Divisions:

    Harware Division,
    Messanging and Network Division
    Lazaridis division ( He is STILL the Non-Independent Vice Chairman of the Board in RIM)

    Like or Dislike: Thumb up 4 Thumb down 12

    Posted by TheWay2Go@gmail.com | June 25, 2012, 9:57 am
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  4. with this news…i dont see how people here can keep saying RIP to RIM.

    seems like these guys will be here a long time.

    i for one am really excited to see how BB10 is gonna be…may sway back to the BB handsets if this turns out to be as good as the Playbook.

    Go RIM!!! til then go SGS2-3 ^_^

    Like or Dislike: Thumb up 19 Thumb down 12

    Posted by sp | June 25, 2012, 10:03 am
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    • As good as the playbook?? This device was a big fail, go on eBay and look at the number of people who are trying to sell their playbook lol. Maybe BB10 will be a success, we’ll see.

      Like or Dislike: Thumb up 12 Thumb down 8

      Posted by Marco | June 25, 2012, 10:16 am

  5. And that’s exactly what we wanted to Hear. They Cant just split all of a sudden..doesn’t really makes sense at this point. Any split will have to Occur later in 2013 after a review is done on the success of BB10.

    But that wont happen cause BB10 will be a great Success
    Hope the best for RIM

    Like or Dislike: Thumb up 17 Thumb down 8

    Posted by Ronll | June 25, 2012, 10:06 am
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    • There won’t be any RIM as we know it in 2013.
      Only network services.

      Like or Dislike: Thumb up 8 Thumb down 14

      Posted by TheWay2Go@gmail.com | June 25, 2012, 10:16 am

  6. RIM is under alot of pressure, you can tell.

    Like or Dislike: Thumb up 8 Thumb down 5

    Posted by Marco | June 25, 2012, 10:13 am
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  7. BB10 is not enough to save the ship now. It is too late. They must break up the company and sell off the parts.

    Like or Dislike: Thumb up 10 Thumb down 12

    Posted by Uranus | June 25, 2012, 10:18 am
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  8. The anti-RIM astroturfers are annoying.

    Like or Dislike: Thumb up 14 Thumb down 8

    Posted by Andrew | June 25, 2012, 10:35 am
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  9. can’t believe they were able to comment without a delay. Was really expecting “we been working really hard on bb10 and won’t be able to give any comments are the split rumor until later half of q4 2013, rumors like this happens when a company is too innovating.

    Like or Dislike: Thumb up 10 Thumb down 3

    Posted by bbb | June 25, 2012, 10:56 am
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  10. bet you apple was sent out to stir up rumors for blackberry to make sure apple doesn’t die off AGAIN!

    Like or Dislike: Thumb up 7 Thumb down 5

    Posted by bb | June 25, 2012, 12:48 pm
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  11. Is it me or these negative roumours seems to be getting more entranched as BB10 getting closer for release. Breakup Rim just when its about to release qnx around the corner. U can bet thses romours are going to get more vicious, therefore creating more comsumer confusion as qnx gets closer to release. And its all by design people, don’t u guys get it.

    Rim is not in that bad a shape, fincially. They r still cash flow positve. There’s too much @ stake for a lot of industries to just let rim fold like this. Qnx is a very viable product. Ppl keep forgeting PlayBook v 1 is just that. Version 1 of anything has never been 100% secessful. Someone here quoted ” a quote from Steve jobs saying those who luv to do software makes their own hardware. Personally, I think Rim should do both as to minimize fragmentation in the future. Just look @ apple. They have always gone against promting their os to other companies, even during those tough days when they almost went under.

    Rim knows wat it has to do now, and correct its past mistake. They are not a stupid comapny just very late to the game. And they will pull It off. They don’t need to take over the moble market, they just have to come out wit a solid product. that’s it.

    Peace

    Like or Dislike: Thumb up 5 Thumb down 4

    Posted by kastortroy | June 25, 2012, 1:24 pm
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  12. Who are these advisors? I would love to know who they are, what company they’re from and what their intentions are.

    Where will they be after RIM crashes? Seems like they’re either guiding them in for a soft landing or selling false hope.

    Like or Dislike: Thumb up 4 Thumb down 1

    Posted by Omega | June 25, 2012, 2:31 pm
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  13. I don’t care what you say rim is dead.

    Like or Dislike: Thumb up 4 Thumb down 7

    Posted by Uranus | June 25, 2012, 4:26 pm
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  14. Nobody cares about BBM anymore get it RIM? Without the good apps like IM, skype, Tango, Magic jack work independently on wifi (NOT on data), forget about BB 10, BB 20 or even God can’t even save them now, stupid RIM.

    Like or Dislike: Thumb up 3 Thumb down 3

    Posted by Dave | June 25, 2012, 6:54 pm
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  15. RIM,If we could get away with just making a rotary dial phone, you can bet on it, we would.

    Like or Dislike: Thumb up 2 Thumb down 2

    Posted by Mr. Bill | June 25, 2012, 7:35 pm
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  16. Out of the blue for no good reason, would you buy a RIM-branded (Windows) laptop, assuming you can then access your BBM/MMS/SMS and corp email (without extra setup – kinda like what you see on your BB is all automatically integrated to this laptop.

    Like or Dislike: Thumb up 0 Thumb down 3

    Posted by TM | June 25, 2012, 10:21 pm
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