Blackberry 2013 Annual Report Download - page 169

Research In Motion Limited
Management’s Discussion and Analysis of Financial Condition and Results of Operations
On March 29, 2012, the Company announced that it will no longer provide specific, forward-looking quantitative guidance. However,
the Company remains committed to providing a high level of disclosure and transparency and will continue to provide commentary
that highlights the trends and uncertainties that the Company anticipates. Any statements that are forward-looking statements are
intended to enable the Company’s shareholders to view the anticipated performance and prospects of the Company from
management’s perspective at the time such statements are made, and they are subject to the risks that are inherent in all forward-
looking statements, as described above. These forward-looking statements are made by the Company in light of its experience, its
perception of historical and anticipated business trends, existing conditions in the business at the time and anticipated future
developments, including competition and new product initiatives and expected timing, as well as the Company’s current assessments
of the risk factors that affect its business, including those identified above, and the likely success of mitigation strategies relating to
such factors. These forward-looking statements are subject to the inherent risk of difficulties in forecasting the Company’s financial
results for future periods, particularly over longer periods, given the rapid technological changes, evolving industry standards, intense
competition and short product life cycles that characterize the wireless communications industry.
These factors should be considered carefully, and readers should not place undue reliance on the Company’s forward-looking
statements. The Company 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, except as required by applicable law.
Overview
A global leader in wireless innovation, the Company revolutionized the mobile industry with the introduction of the BlackBerry
solution in 1999. Today, the Company aims to inspire the success of its millions of customers around the world by continuously
pushing the boundaries of mobile experiences. Founded in 1984 and based in Waterloo, Ontario, the Company operates offices in
North America, Europe, Asia Pacific and Latin America. Effective January 30, 2013, the Company began to operate around the world
under the iconic name BlackBerry. The Company will seek shareholder approval to change the legal name of the Company to
BlackBerry at the Company’s next Annual and Special Meeting. The Company’s common shares are listed on the NASDAQ Global
Select Market (NASDAQ: BBRY) and the Toronto Stock Exchange (TSX: BB).
With the BlackBerry platform, the Company believes it offers a market-leading wireless communications experience with push-based
connectivity, industry-leading security and enterprise manageability, excellent radio performance and differentiated social
applications, such as BlackBerry Messenger (“BBM”), that provide immediacy, productivity and collaboration. The wireless
communications market has increasingly evolved in recent years and there is significant overlap between consumer and enterprise
segments. The
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