Blackberry 2012 Annual Report Download - page 11

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 this AIF:
4
• RIM’s ability to enhance current products and services, or develop new products and services in a timely manner at competitive
p
rices;
• intense competition within RIM’s industry, including the possibility that strategic transactions by RIM’s competitors or carrier
p
artners could weaken RIM’s com
p
etitive
p
osition or re
q
uire RIM to reduce its
p
rices to com
p
ete effectivel
y
;
• RIM’s abilit
y
to establish new, and to build on existin
g
relationshi
p
s with its network carrier
p
artners and distributors;
• the efficient and uninterrupted operation of RIM’s network operations center and the networks of its carrier partners, and the risk
of other business interruptions, including costs, potential liabilities, lost revenues and reputational damage associated with
service interru
p
tions;
• RIM’s abilit
y
to mana
g
e inventor
y
and asset risk;
• risks related to RIM’s ability to implement and to realize the anticipated benefits of its Cost Optimization Program and CORE
p
ro
g
ram;
• risks related to RIM’s abilit
y
to maintain or increase its cash balance;
• the occurrence or perception of a breach of RIM’s security measures, or an inappropriate disclosure of confidential or personal
information;
•
p
otential liabilities or costs related to the collection, stora
g
e, transmission, use and disclosure of user and
p
ersonal information;
• de
p
endence on ke
y
p
ersonnel and RIM’s abilit
y
to attract and retain ke
y
p
ersonnel;
• RIM’s abilit
y
to ada
p
t to recent mana
g
ement chan
g
es and fill vacant ke
y
mana
g
ement
p
ositions;
• RIM’s reliance on its suppliers for functional components, including the suppliers RIM has selected for its BlackBerry 10
smart
p
hones, and the risk that su
pp
liers will not be able to su
pp
l
y
com
p
onents on a timel
y
basis or in sufficient
q
uantities;
• RIM’s abilit
y
to successfull
y
maintain and enhance its brand;
• risks associated with RIM’s ex
p
andin
g
forei
g
n o
p
erations;
• restrictions on im
p
ort and use of RIM’s
p
roducts and services in certain countries due to encr
yp
tion of the
p
roducts and services;
• reliance on strategic alliances and relationships with third-party network infrastructure developers, software platform vendors
and service platform vendors, including RIM’s ability to promote and advance the development of an ecosystem of applications
and services for the BlackBerr
y
10 smart
p
hones and the BlackBerr
y
Pla
y
Book tablets;
• RIM’s abilit
y
to ex
p
and and enhance BlackBerr
y
A
pp
World™;
• RIM’s reliance on third-
p
art
y
manufacturers for certain
p
roducts and its abilit
y
to mana
g
e its
p
roduction
p
rocess;
• the continued
q
ualit
y
and reliabilit
y
of RIM’s
p
roducts and services and the
p
otential effect of defects in
p
roducts and services;
• general commercial litigation, class action and other litigation claims, including purported class action claims relating to RIM’s
o
p
erations;
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