Newspaper article The Canadian Press

Editorial Exchange: RIM Ready for Its Biggest Test

Newspaper article The Canadian Press

Editorial Exchange: RIM Ready for Its Biggest Test

Article excerpt

Editorial Exchange: RIM ready for its biggest test

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An editorial from the Waterloo Region Record, published Nov. 16:

It is still 2 1/2 months until Jan. 30, but it is not too early to circle the date on your 2013 calendar. Have no doubt: It will prove one of the biggest days of the year -- for Canada as well as Waterloo Region.

On that day, the future of Research In Motion, the country's most famous and important high-tech firm, will be made or broken. Because on that day, as RIM announced this week, the long-planned, long-awaited BlackBerry 10 smartphones will be unveiled to the world. And the world of smartphone users and makers as well as the global investment world will watch and judge.

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One skeptic has already pronounced the product dead on arrival -- certainly without giving it a meaningful try. Then again, another skeptic was 100 per cent wrong earlier this year in predicting that BlackBerry 10 phones would never even hit the market. What do they know?

Based on a meeting between RIM chief executive Thorsten Heins and The Record editorial board this week, this newspaper can deliver a vote of confidence in the company, its management and the new product it is soon to release. As for the rest, it's up to tens of millions of consumers to make up their minds.

We know the stakes couldn't be higher. After watching its share of the global smartphone market shrink and the value of its stock plunge, after enduring massive restructuring at its highest levels and a drastic downsizing of its workforce, RIM has pinned its hopes on BlackBerry 10.

But it's no overstatement to say Waterloo Region's hopes rest on this product, too. RIM started here. It became a leader in the global communications revolution here. Even now it remains one of the region's major employers. The billions of dollars of wealth it generated enriched the local economy. …

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