Research In Motion Gets Vote Of Confidence From Shareholders, Vows New Operating System

Started by THP, Jul 13, 2011, 03:02 AM

THP

THE CANADIAN PRESS -- WATERLOO, Ont. - Research In Motion co-chief executives Jim Balsillie and Mike Lazaridis sounded a somewhat apologetic note in front of shareholders Tuesday, acknowledging a number of recent troubles that have attracted criticism and depressed its stock value.But the heads of the BlackBerry maker defiantly insisted they've got a new slate of smartphones ready to hit the market -- RIM's biggest product launch ever -- that will secure the company's future success. And far from facing an anticipated outpouring of shareholder bile, their comments were received warmly at the company's annual meeting.More...