According to Research In Motion CEO Thorsten Heins, BlackBerry is in the second stage of a turnaround. The company was questioned about its survival after its sales were less than predicted in the last month. Heins said at the company’s annual meeting, “We are still in the midst of a major, complex transition of this company, and like most of these transformations… progress can be volatile.”
Heins believes the third stage will be more profitable. Research In Motion also gained the right to change their name to BlackBerry. The company is planning to create new devices to compete with iPhone and Android devices.
