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Wed 11 Jul 2012 12:02 PM

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BlackBerry maker mulls sale of corporate jets

Research In Motion is trying to save $1bn in annual operating costs after two quarters of heavy losses

BlackBerry maker mulls sale of corporate jets
BlackBerry maker Research in Motion may sell both of its corprorate jets in bid to save operating costs, the firm has said. (All images courtesy of AFP/Getty Images)
BlackBerry maker mulls sale of corporate jets
RIM CEO and president Thorsten Heins (pictured) said \nRIM needs to become a "lean, mean hunting machine".
BlackBerry maker mulls sale of corporate jets
Almost 20 percent of RIM shareholders have refused to support the re-election to the board of Mike Lazaridis (pictured) amid declining market share.
BlackBerry maker mulls sale of corporate jets
RIM is cutting $1bn in costs as it loses further ground to Apple and Samsung in the smartphone market.
BlackBerry maker mulls sale of corporate jets
The firm has delayed the release of its BlackBerry 10 which it is betting will revive its fortunes.
BlackBerry maker mulls sale of corporate jets
The new Apple iPhone and the phone that Microsoft is working on will both reach consumers before the BlackBerry 10.