RIM strategic review focused on BlackBerry strengths

Reuters News
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Posted: Jul 10, 2012 11:26 AM
RIM strategic review focused on BlackBerry strengths

WATERLOO, Ontario (Reuters) - Research In Motion Ltd's strategic review is focused on turning around the BlackBerry maker with a streamlined product portfolio focused on the company's strengths, Chief Executive Thorsten Heins said on Tuesday.

He acknowledged that RIM will likely suffer lower average selling prices and declining service revenue this year as it pushes to sell legacy BlackBerry 7 devices that have struggled to compete with flashier iPhones from Apple Inc and Android devices using Google Inc's software.

(Reporting by Alastair Sharp; Editing by Peter Galloway)