It looks like RIM co-founder Jim Balsille is out as the company's chairman of the board, although he will remain on with RIM as co-CEO. The
crackberry BlackBerry maker has had a little of a black eye recently (like many tech companies) with its handling of stock option accounting, which dates all the way back to 2004. As a result, RIM will have to lower its earnings by what seems like a nice chunk of change -- $250 million. Although we don't think RIM is going anywhere fast, its recent public missteps like this one have added to a
long list of woes in recent years. Just promise us, RIM, that this isn't going to affect the release schedule for the
8820, mkay?
posted Mar 5th 2007 5:31PM
