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RIM CEO Jim Balsillie resigned his chairmanship, the same day the Waterloo-based maker of BlackBerry ... Smartphone News forum

  1. #1
    hayden's Avatar
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    Jim Balsillie backs down as CEO

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    RIM CEO Jim Balsillie resigned his chairmanship, the same day the Waterloo-based maker of BlackBerry personal data assistants reporting a multi-million dollar error in past stock option accounting.


    Research in Motion Monday reporter than more than US$250 million was in dispute following a review. Financial statements for 2004, 2005, 2006 and the first quarter of 2007 will be restated, RIM added.

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    Re: Jim Balsillie backs down as CEO

    What!?!?!?!?!

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    Re: Jim Balsillie backs down as CEO

    ok, it isn't as bad as I the first paragragh states.

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    Re: Jim Balsillie backs down as CEO

    ~via BB (wap.pinstack.com)~
    I was worried at first, then checked their stock price, and it was down $1 and change. Not a huge issue obviously

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    Re: Jim Balsillie backs down as CEO

    ~via BB (wap.pinstack.com)~yea but rimm stock is pretty stable, its just a matter of snafu but latter could efect its price
    Drasticly as more investors lose faith in the company short term
    Ist ok but you never know what the future holds for the company in general

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    Re: Jim Balsillie backs down as CEO

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