RIM delays BlackBerry OS 10 launch to 2013

by CXOtoday Staff    Jun 29, 2012

Amidst a loss of $ 192 million in Q1 FY13, RIM the maker of BlackBerry devices has announced delay in the launch of BlackBerry 10 OS, which the company believes is critical to its survival. According to a company release, RIMs software development teams have made major progress in the development of key features for the BlackBerry 10 platform; however, the integration of these features and the associated large volume of code into the platform has proven to be more time consuming than anticipated. As a result, the Company now expects to launch the first BlackBerry 10 smartphones in market in Q1 of calendar 2013.

The Canadian phone manufacturer also plans to cut its workforce by 5000, which is about 30 percent of its total workforce of about 16,500. The job cuts are as part of RIM’s efforts to realize over $1 billion in cost savings.

While tough times continue to plague RIM, the company’s President and CEO, Thorsten Heins appeared to be optimistic. In a statement Mr. Heins said “RIM’s development teams are relentlessly focussed on ensuring the quality and reliability of the platform and I will not compromise the product by delivering it before it is ready. I am confident that the first BlackBerry 10 smartphones will provide a ground-breaking next generation smartphone user experience.”

The next several quarters will continue to be very challenging for RIM as it deals with increasing competition from Google’s Android device and Apple’s iPhone. Till BlackBerry OS 10 sees the light of day, it is critical the company continue to aggressively drive sales of BlackBerry 7 handheld devices.

Tags: RIM, BlackBerry