RIM May Sell Hardware Division if BlackBerry 10 Fails
Canadian firm's upcoming OS is last chance to change its fortunes.
Research In Motion has said that it may sell its hardware division if BlackBerry 10 fails.
Thorsten Heins, the CEO who has been managing the Canadian smartphone manufacturer for a year, stressed that while it's confident in its upcoming mobile operating system, it's still preparing for the worst.
"We do not want to limit our options… There are several options, including the sale of the hardware production is as much as licensing our software. But there is no reason for us to decide in hectic. It is important first of all, BlackBerry 10 successfully putting them on the market. Then we shall see."
Heins added that the final decision relies on the results pertaining to a company-wide evaluation that's currently in progress. RIM is apparently "debt-free" and has "$2.9 billion cash available," he stated.
BlackBerry 10 will launch worldwide on January 30, which is the same date when RIM will unveil the first smartphones powered by the platform.