In a recent interview in the Toronto Star, Research in Motion CEO Jim Balsillie says he's "not losing sleep over Apple's efforts to upend the wireless market." In fact, Balsillie says he hasn't even seen an iPhone yet. He doesn't think Apple will take a significant bite out of RIM's core business even though some people might find the look of the iPhone appealing.
"BALSILLIE is the first to admit some will find the iPhone's look appealing, but he says he's doubtful the device will have much of an impact on RIM's overall sales. For one thing, he says, the iPhone will hold little appeal for RIM's core business market and its need for secure information technology systems, which RIM has been providing for years with its corporate BlackBerry email servers."
"BALSILLIE is the first to admit some will find the iPhone's look appealing, but he says he's doubtful the device will have much of an impact on RIM's overall sales. For one thing, he says, the iPhone will hold little appeal for RIM's core business market and its need for secure information technology systems, which RIM has been providing for years with its corporate BlackBerry email servers."