BlackBerry 10 delayed, RIM future in doubt after bleak earnings report
Hace 10 meses en Ciencia y Tecnología
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BlackBerry fans: It just got worse. BlackBerry maker Research in Motion (RIM) announced that the BlackBerry 10 smartphone and BlackBerry 10 operating systems launches will be delayed, 30 percent of RIM employees will be laid off and that RIM posted a loss of $518 million in the latest quarter.
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The Waterloo, Ontario company announced the bad news in its fiscal first quarter report on Thursday, prompting shares to tumble 15 percent to $7.75 in late trading. BlackBerry 10 was widely seen as the companys last hope to catch up with rivals Apple and Android. Smartphones running Googles Android platform accounted for 59 percent of the global market in the first quarter of 2012, with Apples iPhones taking 23 percent. BlackBerrys share of the global market was 6.4 percent, compared with 13.6% a year ago.
BlackBerry 10s launch has been postponed until the first three months of 2013, a delay of seven to nine months. Within that time, Apple will launch a new iPhone, Android developers will launch new phones running Ice Cream Sandwich and Jelly Bean and more Windows Phone 8 phones will be released. By the time BlackBerry 10 comes out it may be too late.
In an earnings call with analysts, CEO Thorsten Heins said building the BlackBerry 10 "has proven to be more challenging and time consuming than anticipated," and that a as result the expected 2012 launch "was no longer realistic."
"I will not deliver a product to the market that is not ready to meet the needs of our customers, or provide anything less than an outstanding user experience with the quality I expect a BlackBerry product to have," he said. "There will be no compromise on this issue."
Analysts were not impressed. Many believe RIM needs (
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BlackBerry fans: It just got worse. BlackBerry maker Research in Motion (RIM) announced that the BlackBerry 10 smartphone and BlackBerry 10 operating systems launches will be delayed, 30 percent of RIM e... (
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