A sign of Research in Motion (RIM) is seen at its headquarters in Waterloo, Ontario, January 22, 2012. - Photo by AFP

NEW YORK: The founders and CEOs of Canadian telecommunications company Research in Motion, Jim Balsillie and Mike Lazaridis, announced on Sunday that they were leaving their posts.

“In every successful company that's developed by founders,” Lazaridis said in a statement quoted by The New York Times, “there comes a time when it enters a new phase of growth and it's time for the founders to pass the baton to new management.”

BlackBerry maker Research in Motion's share of the US smartphone market declined during the three months ending in November, while Apple and Google's Android platform both made gains, according to industry tracker comScore.

The Waterloo, Ontario-based RIM saw its share of US smartphone subscribers fall to 16.6 percent at the end of November from 19.7 per cent at the end of August, according to comScore.

Android was the top smartphone platform with a 46.9 per cent share of the US market at the end of November, up from 43.8 per cent.

Apple's market share also rose during the period – by 1.4 percentage points to 28.7 per cent.

Microsoft, meanwhile, saw its share of the smartphone market fall to 5.2 per cent from 5.7 per cent.

RIM has been struggling in recent months and has been the subject of persistent takeover speculation.

Opinion

Editorial

UAE’s Opec exit
30 Apr, 2026

UAE’s Opec exit

THE UAE’s exit from Opec is another sign of the major geopolitical shifts that are reshaping the global order. One...
Uncertain recovery
30 Apr, 2026

Uncertain recovery

PAKISTAN’S growth projections for the current fiscal present a cautiously hopeful picture, though geopolitical...
Police ‘encounters’
30 Apr, 2026

Police ‘encounters’

THE killing of nine suspects by Punjab’s Crime Control Department across Lahore, Sahiwal and Toba Tek Singh ...
Growth to stability
Updated 29 Apr, 2026

Growth to stability

THE State Bank’s decision to raise its key policy rate by 100 basis points to 11.5pc signals a shift in priorities...
Constitutional order
29 Apr, 2026

Constitutional order

FOLLOWING the passage of the 26th and 27th Amendments, in 2024 and 2025 respectively, jurists and members of the...
Protecting childhood
29 Apr, 2026

Protecting childhood

AN important victory for child protection was secured on Monday with the Punjab Assembly’s passage of the Child...