Research In Motion CEO Thorsten Heins: 'We're Not In A Trough'

RIM CEO: 'We're Not In A Trough'
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BlackBerry isn't dying, the company's CEO claims.

Well, he would say that.

Research in Motion Chief Executive Thorsten Heins was in a bullish mood in an interview with the Telegraph, despite the fact that his company is about to slash its work force again, has delayed its new mobile operating system and lost $500m in the last quarter.

"Most of the media is very black and white - they look at every little thing that could be bad and put it on to RIM's shoulders," he said in an interview. with the Telegraph

"And let's be honest we don't like it. This is something we have to get through and convince the critics and the market that BB10 is going to cut it. And BB7 is still a competitive product; we are not in a trough."

While he said the company was "not happy" that it had delayed BB 10, it's much-vaunted OS upgrade, he said that he was "satisfied" with the software being built.