TORONTO: Research In Motion posted a net loss and its first slump in BlackBerry shipments for its holiday quarter since 2006, as its new CEO announced the initial steps in a strategic overhaul and would not rule out an eventual sale of the company.
RIM’s shares dropped as much as 9% on March 29 after the company said it would no longer issue financial forecasts and was reviewing “strategic opportunities” such as partnerships and jointventure licensing, and other ways to leverage its assets. A handful of senior executives, including former co-CEO and current director Jim Balsillie, will depart.