"Open letter" to the senior management of RIM was posted anonymously on the web today and has been attributed to an unnamed person, described as a "high-level" employee. It is obviously difficult to address anonymous commentary and is particularly hard to believe that a "high-level official" on good terms with the company would choose to anonymously published a letter on the web rather than engage their fellow executives constructively, but whether the letter is true, false, exaggerated or written with the most recondite reasons, it is fair to say that the senior management team at RIM is fully aware of and aggressively confronting the challenges of the company is the his opportunity.
RIM has recently confirmed that it is approaching the end of a transition of business and technology. Even if this transition took longer than expected, there is a lot of enthusiasm and optimism within the company about the new products that are in line for the next few months. There is however a fundamental business reality that, after a long period of hyper growth (during which RIM nearly quadrupled in size over the past 5 years alone), it became necessary to streamline company operations in order to allow it to grow your business profitably while pursuing strategic opportunities. Once again, the management team of RIM takes these challenges seriously and actively addressing the situation. The company is fortunately in a solid financial position and business to tackle the opportunity forward with a solid balance sheet (almost 3 billion in cash and no debt), strong profitability (net profit of RIM last quarter was $ 695 million) and substantial growth international (international revenue in Q1 grew 67% compared to same quarter last year). In fact, while growth slowed in the United States, RIM BlackBerry smartphone yet shipped 13.2 million last quarter (which is about 100 smartphone per minute, 24 hours a day) and RIM is more committed than ever to serve its loyal customers and partners worldwide.
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