Breaking news out of Waterloo, Canada tonight. Research In Motion’s Mike Lazaridis and Jim Balsillie have stepped down from their co-CEO roles. The company’s former COO, Thorsten Heins, has been tapped as their replacement.

RIM’s board of directors and major stock holders have been calling for the move for quite some time now. The company, which was once a major player in the smartphone industry, is now holding on to a dismal 6% of the market…

Meet RIM’s new CEO, Thorsten Heins:

Heins certainly has his work cut out for him. RIM, although still technically turning a profit, has received a library of bad press over the last few years due to missed launch dates and poor product performance (see PlayBook). Not to mention that it’s handing over the one thing it has going for it, the enterprise market, to Apple on a silver platter.

It’ll be interesting to see if the new CEO can turn the company around. RIM closed at $17 per share on Friday — more than $50 down from its 52 week high. And recent rumors have suggested that the BlackBerry-makers were considering selling out to — get this — Samsung.

Do You think Heins has what it takes to turn RIM back into the powerhouse that it once was? Or are Apple and Android too far ahead?

  • I think that Research in Motion was successful in the early 2000s, but is now suffocating because of the increased competitiveness of its competitors — namely Apple. Smartphones have radically changed since the introduction of the iPhone in 2007, and RIM hasn’t adapted quickly enough.

    • Ya I remember when I had a Blackberry Curve, I don’t miss it! I liked it when I had it, but that was because I never used an iPhone before. Went straight from a Blackberry to an iPhone 2g and never looked back. Hooked. Love my 4S

      • Anonymous

        And I love my freshly jailbroken 4S (I would like to take this time to say…..I’m OBSESSED!!! with call bar n the shortcut I asinged for it) DEVS KEEP THEM AWESOME TWEAKS COMING!

  • he knows what coming rim is about to fall unless this new guy can save them but more than likely they shall fall due the company unable to compete with apple and samsung

    • With the hype and roumoured keyboard for the iPhone 5, the blackberry has an opportunity to join forces with Apple and as usual Apple will knock out its competition.

  • Anonymous

    this guy is delusional. They need good apps, just like what made the psone so successful, was games. RIM needs apps, their current apps look like they have been made by kindergardeners.

    • I totally agree however the play book is quite. NIce in style and design my 2 year old loves it it’s his personal Ipad if they geared it towards kids they would have been way more successful however on the flip side the new all touchscreen prototype looks very promising but if they have no apps it will be DOA if they partner with android and switch to their market they just might be viable again.

  • RIM either has to come up with a new groundbreaking ui system / operating system or they can choose to adopt the android os. I think the latter is in their best interest. Imagine a google Blackberry phone. That would be on almost everyone’s Christmas wish list…

  • Min

    Don’t blame CEO, they want RIM win.

    RIM has strange culture and self distruct political environment.

    In RIM if a new hired person figure out major problem and introduce efficient approach, both manager and his buddy group member will proof their wrong approach works. just like someone point out driving a car is right way, pushing a car is wrong way, then both manager and his buddy group member will hate you, and proof that 3 person can also move the car by pushing it. cheating email will be sent to some vice president, saying like: see, the car moving, pushing a car is a natural part of the process, in order to deny new hired contribution of introducing skill of drive a car, they have to deny merit of driving a car.

    It is very strange company culture and strange company political environment, it promote stealing and cheating skill. RIM’s management may be a typical instance in MBA course.

    This culture deny or steal hardworking team members’ contribution/innovation, generate strange political environment, destroy RIM.

    So don’t blame CEO, some of their VPs and VPs’ expert generate terrible culture and self destruct political environment.

  • Min

    hardworking CEO, working so hard in every area, but actually only company culture need fix first, dont let contribution, hardworking and excellent job repeatedly denied, let everyone know what is encouraged, waht is not, then RIM will has low efficient and low morale issue solved

  • Anonymous

    I think they have to deal with 2 very important questions:

    – What features is exclusive in our platform that could bring new customers to our portfolio?
    A: Nothing?? What the hell have we been doing in the last years??

    – What features does the others have that we do not have?
    A: A lot of features?? Let’s copy right away!!

    If they manage to do this, maybe they can escape from being bought or being crushed by Apple..