RIM CFO: Company set for Growth Period


RIM CFO KavelmanRIM is gearing up for a growth spurt as it shrugs off the effects of a damaging patent litigation lawsuit, the BlackBerry maker’s chief financial officer said on Monday.

“I think that we’re poised for it, but you can’t tell exactly when,” CFO Dennis Kavelman told an investor conference. “We think it’s a very big market that we’re just getting started on.”

“We’ve just come through a fairly disruptive period, but it’s in the rearview mirror,” Kavelman said, adding the company was focusing hard on rebuilding the customer momentum that was lost during the court battle. “That’s what we’re working on, and it’s going to happen.”

Kavelman sees subscriber momentum building through April, May, June, July, “getting everything queued up, and in the second half of this year, a lot of initiative that we expect to drive growth.”

“I think it’s an exciting market, and I think we’re going to have a lot of things to grow it,” he said.