“Lazaridis is still involved with RIM in a somewhat nebulously-defined strategic role, and he insists that the company is headed in the right direction — he points to the fact that he just invested an additional $50 million in RIM stock as proof of that.”
If Mike Lazaridis says RIM is “headed in the right direction” and invested a boatload of cash in it, then it’s pretty clear to me that they are not headed in the right direction and that this CEO switcheroo is only so people stop criticizing RIM for their co-CEO structure.
Find me one Lazaridis quote from the last year where he has said something that implies he has the slightest clue what the fuck is going on in the industry.
That’s what I thought.