No death spiral here: RIM CEO
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RIM’s CEO finally confronts the elephant in the room: BlackBerry’s fate.

Relax Blackberry fans. “This company is not ignoring the world out there, nor is it in a death spiral,” said Research In Motion CEO Thorsten Heins, responding to widespread criticism of RIM – and even predictions of its impending demise – following last week’s announcement of worse-than-expected financial results and the delay of the new BlackBerry 10 line to 2013.

Yes, he told radio interviewers, RIM is “very challenged at the moment”. But he maintained RIM is in the middle of a transition and knows what it is doing.

Heins blamed the latest delay in delivery of the new Blackberry 10 operating system, and handsets that will use it, to early 2013 on the sheer volume of software that must be processed by RIM’s development group. “Software development is always a huge task,” he said.