RIM CEO Thorsten Heins admits that his company has had a hard year. But he insists that BlackBerry 10, due next year, could turn things around.
Dave Chidley/The Canadian Press/AP
He says the company has spent the past several months reorganizing operations to help reverse its fortunes. It's also working hard to get devices running BlackBerry 10 out early next year, months behind schedule, to help it compete better with the iPhone and Android devices.
Research in Motion Ltd.'s stock has since been trading near a nine-year low. Two weeks ago, it announced disappointing quarterly earnings, plans to cut 30 percent of its workforce and the latest delay in BlackBerry 10.