RIM execs confident despite analysts' worries

Longtime smartphone stalwart Research In Motion has come under increasing pressure from the likes of Android, Apple and other upstarts. As a result, analysts have grown increasingly worried that the Canadian BlackBerry maker will suffer declines in revenues and market share; indeed, BMO recently downgraded the company's stock. However, none of this appears to have dented the confidence of the company's two chief executives: Jim Balsillie and Mike Lazaridis. "When we went public everyone was saying, 'Oh my God, you're going to get crushed by Motorola, Ericsson and paging and this emerging Nokia,'" Balsillie told Reuters. "I'm not trying to be dismissive, and I'm not trying to be glib, but this has played before, several times. All that's different is there's a couple more zeros on everything." Article

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