Blackberry 2006 Annual Report Download - page 2

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This annual report contains forward-looking statements
within the meaning of the U.S. Private Securities Litigation
Reform Act of 1995 and applicable Canadian securities laws.
Forward-looking statements relate to, among other things,
expectations regarding nancial performance; business
plans, prospects and strategies; anticipated technological
developments, including new products and services; trends
and challenges relating to RIM’s business; and legal and
regulatory developments. The words “expect”, “anticipate”,
“estimate”, “may”, “will”, “should”, “intend”, “believe”,
“plan” and similar expressions are intended to identify
forward-looking statements. Forward-looking statements
are based on estimates and assumptions made by RIM in
light of its experience and its perception of historical trends,
current conditions and expected future developments,
as well as other factors that RIM believes are appropriate
in the circumstances. Many factors could cause RIM’s actual
results, performance or achievements to differ materially
from those expressed or implied by the forward-looking
statements, including, without limitation, the following
factors, which are discussed in greater detail in the “Risk
Factors” section of RIM’s Annual Information Form, which
is included in RIM’s Annual Report on Form 40-F (copies
of which lings may be obtained at www.sedar.com and
www.sec.gov):
• third-party claims for infringement of intellectual property
rights by RIM, and the outcome of any litigation with
respect thereto;
• RIM’s ability to successfully obtain patent or other
proprietary or statutory protection for its technologies
and products;
• RIM’s ability to obtain rights to use software or
components supplied by third parties;
• RIM’s ability to enhance current products and develop
and introduce new products;
• the efcient and uninterrupted operation of RIM’s
network operations center and the networks of its
carrier partners;
• RIM’s ability to establish new, and to build on
existing, relationships with its network carrier
partners and licensees;
• RIM’s dependence on its carrier partners to grow its
BlackBerry subscriber base and to accurately report
subscriber account activations and deactivations to
RIM on a timely basis;
• uctuations in RIM’s quarterly nancial results
and difculties in forecasting the growth rate for
BlackBerry subscribers;
• the occurrence or perception of a breach of RIM’s
security measures, or an inappropriate disclosure
of condential or personal information;
• intense competition within RIM’s industry, including
the possibility that strategic transactions by RIM’s
competitors or carrier partners could weaken RIM’s
competitive position;
• the continued quality and reliability of RIM’s products;
• RIM’s reliance on its suppliers for functional components
and the risk that suppliers will not be able to supply
components on a timely basis or in sufcient quantities;
• effective management of growth and ongoing
development of RIM’s service and support operations;
• risks associated with acquisitions;
• risks associated with RIM’s expanding foreign operations;
• RIM’s dependence on a limited number of signicant
customers;
• reduced spending by customers due to the uncertainty
of economic and geopolitical conditions;
• dependence on key personnel, and RIM’s ability to
attract and retain key personnel;
• reliance on third-party network infrastructure
developers and software platform vendors;
• foreign exchange risks;
• changes in interest rates affecting RIM’s investment
portfolio and the creditworthiness of its investment
portfolio;
• RIM’s ability to manage production facilities and
its reliance on third-party manufacturers for
certain products;
• risks associated with short product life cycles;
• government regulation of wireless spectrum and
radio frequencies;
• restrictions on import of RIM’s products in certain
countries due to encryption of the products;
• the costs and burdens of compliance with new
government regulations;
• continued use and expansion of the Internet;
• regulation, certication and health risks; and
• tax liabilities, resulting from changes in tax laws or
otherwise, associated with RIM’s worldwide operations.
These factors should be considered carefully, and
readers should not place undue reliance on RIM’s forward-
looking statements. RIM has no intention and undertakes
no obligation to update or revise any forward-looking
statements, whether as a result of new information, future
events or otherwise.