No new RIM phones until March 2013, analyst says - Canadian TV, Computing and Home Theatre Forums

 
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post #1 of 4 (permalink) Old 2012-10-09, 03:40 PM Thread Starter
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No new RIM phones until March 2013, analyst says

Quote:
Research In Motion shares were down almost five per cent after an analyst predicted the next generation of BlackBerrys likely won’t hit shelves until March.
Jeffries and Co. analyst Peter Misek says while they had hoped for a January launch, a March rollout is “more likely.”
He added that with no new BlackBerry products to sell before then, retailers have grown cautious about holding RIM inventory – and the uncertainty will delay any potential licensing deals.
http://www.theglobeandmail.com/globe...rticle4598907/

http://www.huffingtonpost.ca/2012/10..._hp_ref=canada
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post #2 of 4 (permalink) Old 2012-10-09, 04:21 PM
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In all fairness, this "analyst" doesn't really state anything to prove his point, and it comes off as pure speculation.

First off, RIM has been saying BB10 would be released in Q1 2013; which means between January-March. If they release it within this timeframe, it's not technically delayed further than what they said during the earnings call in June.

Secondly, Thorsten Hines has said publicly at BlackBerry JAM Americas that BB10 devices were being sent to carriers for testing early this month. Given how fast mobile technology is advancing, 5-6 months for this to be completed is an eternity.

RIM is at a point now where anything that gets said about them (whether factual or not) is going to have a big impact on their stock prices. Either way, they still have enough cash on hand to survive a few more months until BB10 is released. At that point, we'll see how it does.
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post #3 of 4 (permalink) Old 2012-10-09, 05:47 PM
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Gotta love analysts. After making his comments he probably bought some shares.
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post #4 of 4 (permalink) Old 2012-10-10, 03:44 AM
 
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Quote:
Originally Posted by BGY11 View Post
Secondly, Thorsten Hines has said publicly at BlackBerry JAM Americas that BB10 devices were being sent to carriers for testing early this month. Given how fast mobile technology is advancing, 5-6 months for this to be completed is an eternity.
Not to mention the updated hardware (Dev Alpha B) many developers received is believed to be the actual BlackBerry "L" series phone that will launch with BB10. (acual hardware disguised in a case)

Anyone who has been paying attention to RIM lately will see that they've made enormous progress in not only the OS for the end user but the development tools too.
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