Research In Motion CEO Thorsten Heins says, "there's nothing wrong with the company as it exists right now."

He was speaking on CBC radio, and his comments were picked up by the Canadian Press. He also said RIM is not in a "death spiral."

Either he's completely out of touch, or these comments are out of context. Because, RIM is in a death spiral. And there is a lot wrong with the company.

Need proof? Here's a chart from Horace Dediu that shows RIM's revenues and operating margin collapsing: