“Rumours of our death are greatly exaggerated”, says RIM boss

Research In Motion CEO Thorsten Heins has said that there is “nothing wrong with the company as it exists now”, reacting to speculation about RIM’s future.

Speaking to Canadian Broadcasting Corporation (CBC), Heins acknowledged the challenges facing the Ontario company but denied that there was any risk to its existence.

“I’m not talking about the company as I, kind of, took it over six months ago. I’m talking about the company (in the) state it’s in right now.”

Many have viewed the delay to the release of the BlackBerry 10 smartphone as a sign of major decline for RIM, whose sales have fallen compared to rivals such as Apple’s iPhone.

Heins acted to reassure consumers and the industry, however: “This company is not ignoring the world out there, nor is it in a death spiral.

“Yes, it is very, very challenged at the moment – specifically in the US market. The way I would describe it (is that) we’re in the middle of a transition.

“All that is in the making, it’s in the works. This company is in the middle of it and I’m positive we will emerge successfully from that transition.”

Following the emergence of worse than expected figures for losses and announcement that 5,000 staff would be made redundant at the company, experts were quick to predict the beginning of a dangerous spiral for RIM, particularly in light of unwelcome setbacks with the BlackBerry 10.