Research In Motion today posted its fiscal Q3 2013 earnings. The BlackBerry maker reported earnings that were somewhat of a mixed bag, as the company reported an adjusted net loss of $114 million on $2.73 billion in revenue. RIM increased its cash on hand by $600 million dollars to a total of $2.9 billion. Now the part everyone is talking about is the fact that the company lost users for the first time, with the total dropping by one million to 79 million globally.
This is what RIM’s CEO Thorstein Heins predicted all along. He did say that the company would experience some challenges down the road, as it tries to transition to its future with BlackBerry 10. In addition to its earnings, the Waterloo company also announced that its CIO, Robin Bienfait, has decided to retire, telling us that she will stay on in an “advisory capacity to enable a smooth launch and seamless transition.”
We all know how important next year is for RIM. BlackBerry 10 will either be the company’s reckoning, or its demise. RIM’s primary focus is to keep every customer it can, and hope for new customers to give its new mobile operating system a chance. Thankfully, we don’t have to wait much longer, as the big announcement is only a few weeks away.
[via Market Watch]