Blackberry 10 Launch Delay Until 2013 - Blackberry 10 phones were previously promised by the end of 2012. The company's revenues plummeted 33rd compared to the previous quarter, resulting in a quarterly loss of $518 million. The successful launch of the Blackberry 10 platform and therefore the delivery of top quality, full-featured Blackberry 10 smartphones stay the Company's most wanted priority. Over the past several weeks, RIM's software development groups have created major progress in the development of key features for the Blackberry 10 platform; however, the combination of these features and therefore the associated massive volume of code into the platform have proven to be longer consuming than anticipated.
Blackberry 10 smartphones can provide a ground-breaking next generation smartphone user experience," said Thorsten Heins, President and CEO. "We are encouraged by the traction that the Blackberry 10 platform is gaining with application developers and content partners following the successful Blackberry Jam sessions that we've held round the world since the beginning of May. Similarly, the reception of the Blackberry 10 platform by our key carrier partners has been terribly positive and that they want forward to progress to market with Blackberry 10 release date in the first quarter of calendar 2013."
In terms of its existing devices, RIM reports that Blackberry smartphone shipments (not sales) for the quarter totaled seven.8 million, whereas there were regarding 260,000 PlayBooks shipped -- on the company's earnings call, Heins noted that the whole BlackBerry subscriber base now stands at 78 million.