“In a keynote address at BlackBerry World in Orlando, Florida, RIM Chief Executive Thorsten Heins stuck to the company’s previously stated goal of having new devices on the market ‘later this year’ — a time frame that analysts worry will pit the company’s offerings directly against the next iPhone,” Gallagher reports. “Shares of RIM were down [5.73%] Tuesday.”
Gallagher reports, “The opening of the conference also coincided with a report from IDC that showed RIM’s share of the global smartphone market fell to about 6.7% in the first quarter of this year, compared to 13.6% for the same period last year… Another report, from comScore, found that RIM’s share of U.S. smartphone subscribers fell to 12.3% in the first quarter from 16% in the December period.”
MacDailyNews Take: Beleaguered RIM is Dead Company Walking (DCW). They’re just killing time while praying for a buyout.
Gallagher reports, “Ed Snyder of Charter Equity said the ‘squishy release schedule’ that RIM is sticking to points to a late 2012 release for BlackBerry 10 handsets, which would be problematic for the company. ‘Android and Apple are not golfing, they’re gearing up for another round of new products that could make BB10 look old long before the fourth quarter,’ he said. ‘I wouldn’t buy the stock on what I saw today.’”
Read more in the full article here.
MacDailyNews Take: Hey, let’s dick around for 5+ years, during which the most exciting things we deliver are multiple continent-wide service outages, and then try to take an OS than runs on car batteries and try to jam it into handsets! Yeah, great idea – that’ll finally put us out of our misery after being run over for 5+ years by that unending, merciless, speeding Apple locomotive.
[Thanks to MacDailyNews Reader "Spark" for the heads up.]
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