Citing its competitive environment, RIM’s CEO Thorstein Heins said he expects Q1 results that will likely result in an operating loss for the year.
The company says it is working hard on the business market, and its global customer base, including countries where it remains strong.
It has also hired bankers JP Morgan and RBC Dominion Securities to help it assess its strategic options. Often this is code for looking for a buyer. That seems possible this week as Facebook announced it is interested in building a mobile platform of its own.
RIM nevertheless has over $2B in the bank, expects that to grow, and has received promising reviews at the launch of its BB10 product at a key developers summit recently.
RIM remains a textbook example of how hard it is to recover from a sustained strategic stumble.