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Why Saving The BlackBerry And Saving RIM Aren’t Necessarily The Same Thing

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I am often asked the question, “What can RIM do to get the BlackBerry back on top?”

To be totally honest , I don’t know that there is anything, realistically speaking, that RIM could do to regain the crown of top smartphone in the foreseeable future.

As a matter of fact, a potential bright future for Research in Motion could be one where the BlackBerry doesn’t even play a significant role in getting things turned around.

A lot of people, many industry analysts included, believe that Research in Motion exists as a company because of the BlackBerry.  What actually is true is that Research in Motion is the company that manufactures the BlackBerry and does a list of other things that generate tremendous revenue for the company with far greater margins.

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Jim Balsille Resigned From RIM’s Board Because Of Strategy Differences

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It’ been just over a couple of weeks since former Research in Motion Co-CEO, Jim Balsillie, resigned from the board.  Although rumors have floated around as to why he stepped down, it hasn’t been completely clear until now.

According to a report by Reuters, Balsille “sought to reinvent the BlackBerry smartphone maker with a radical shift in strategy” that apparently didn’t go over all that well with other board members.

“The plan would have let the carriers use the RIM network to offer inexpensive data plans, limited to social media and instant messaging, to entice low-tier customers to upgrade from no-frills phones to smartphones.”

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Research in Motion board looking to replace Lazaridis and Balsillie with new Chairman of the Board: Sources say

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According to a  report in the Financial Times, Research in Motion’s board is preparing to oust co-chairs Mike Lazaridis and Jim Balsillie due to intense pressure from shareholders who watched RIM’s stock price drop over 75% in 2011.  Independent director Barbara Stymiest is rumored to be the front runner to replace Lazaridis and Balsillie who will remain co-CEOs of the company.