Blackberry 2012 Annual Report Download - page 172

Research In Motion Limited
Management’s Discussion and Analysis of Financial Condition and Results of Operations
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:
Risks Related to the Company’s Business and its Industry
2
• the Com
p
an
y
’s estimates of
p
urchase obli
g
ations and other contractual commitments; and
• an
y
re
p
urchases of common shares under the Com
p
an
y
’s share re
p
urchase
p
ro
g
ram.
• RIM’s ability to enhance current products and services, or develop new products and services in a timely manner at
com
p
etitive
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
p
ersonal information;
• potential liabilities or costs related to the collection, storage, transmission, use and disclosure of user and personal
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 ke
y
vacant 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;