After posting an adjusted net loss of $192 million, its first net loss in eight years [3] on revenues of $2.8 billion for the first quarter, smartphone giant RIM is said to be facing enormous pressure. According to Reuters [4], the board is being squeezed to consider more radical ways to turn its ailing business around, and this may even include abandoning its own BlackBerry operating system and adopting a rival OS such as Windows. Microsoft's Steve Ballmer has apparently approached RIM recently, looking for a similar deal to the one Nokia has struck in its own survival attempt. Meanwhile BlackBerry 10, RIM's next-gen operating system, has been delayed until 2013 from late this year, and an additional 5,000 staff will be let go--on top of previously announced layoffs.

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