Blackberry 2013 Annual Report Download - page 167

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 the
Company in light of its experience and its perception of historical trends, current conditions and expected future developments, as
well as other factors that the Company believes are appropriate in the circumstances, including but not limited to, the launch timing
and success of products based on the BlackBerry 10 platform, general economic conditions, product pricing levels and competitive
intensity, supply constraints, the Company’s expectations regarding its business, strategy, opportunities and prospects, including its
ability to implement meaningful changes to address its business challenges, and the Company’s expectations regarding the cash flow
generation of its business. Many factors could cause the Company’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, most of
which are discussed in greater detail in the “Risk Factors” section of the Company’s Annual Information Form, which is included in
the Company’s Annual Report on Form 40-F:
2
• the Com
p
an
y
’s estimates of
p
urchase obli
g
ations and other contractual commitments; and
• assum
p
tions and ex
p
ectations described in the Com
p
an
y
’s critical accountin
g
p
olicies and estimates.
• the Company’s ability to enhance its current products and services, or develop new products and services in a timely manner or
at com
p
etitive
p
rices, includin
g
risks related to new
p
roduct introductions;
• risks related to the Company’s ability to offset or mitigate the impact of the anticipated decline in the Company’s infrastructure
access fees on its consolidated revenue b
y
develo
p
in
g
an inte
g
rated services and software offerin
g
;
• intense competition, rapid change and significant strategic alliances within the Company’s industry, including potential future
strategic transactions by its competitors or carrier partners, which could weaken the Company’s competitive position or may
re
q
uire the Com
p
an
y
to reduce its
p
rices to com
p
ete effectivel
y
;
• the Company’s ability to establish new, and to build on existing relationships with its network carrier partners and distributors,
and its reliance on its network carrier
p
artners to hel
p
p
romote the BlackBerr
y
10
p
latform and BlackBerr
y
10 smart
p
hones;
• the efficient and uninterrupted operation of the Company’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;
• risks related to the Company’s ability to implement and to realize the anticipated benefits of its CORE program and to continue
to realize cost reductions in the future;
• risks related to the Com
p
an
y
’s abilit
y
to maintain or increase its cash balance;
• the occurrence or perception of a breach of the Company’s security measures, or an inappropriate disclosure of confidential or
p
ersonal information;
• de
p
endence on ke
y
p
ersonnel and the Com
p
an
y
’s abilit
y
to attract and retain ke
y
p
ersonnel;
• third-party claims for infringement of intellectual property rights by the Company and the outcome of any litigation with respect
thereto;
• the Com
p
an
y
’s abilit
y
to successfull
y
obtain
p
atent or other
p
ro
p
rietar
y
or statutor
y
p
rotection for its technolo
g
ies and
p
roducts;
• the Com
p
an
y
’s abilit
y
to ex
p
and and mana
g
e BlackBerr
y
World™;
•
p
otential liabilities or costs related to the collection, stora
g
e, transmission, use and disclosure of user and
p
ersonal information;
• the Com
p
an
y
’s abilit
y
to mana
g
e inventor
y
and asset risk;
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