Analyst: Don't Expect RIM's BB10 Until March 2013
October 9, 2012 3:00 PM
comment(s) - last by
Analysts hoped RIM would launch the platform in January; still no OFFICIAL word, yet
It sounds like it could be more bad news for a familiar struggling player in the smartphone industry -- but take this one with a grain of salt.
Jefferies analyst Peter Misek is
back to his old ways
, spreading a tale of gloom and doom regarding Research in Motion, Ltd. (
Regarding RIM's ambiguous "Q1 2013" launch of its
upcoming BlackBerry 10 (BB10)
smartphone operating system and new device lineup, he warns, "We had hoped for a January launch but now see a March launch as more likely. Also, our checks point to a tough November quarter, with replenishment rates decreasing as channel partners are cautious on holding RIM inventory. We think the business uncertainty means parties are unlikely to acquire or license from RIM until BB10 launches."
He adds, "We still believe a third ecosystem [in addition to iOS and Android] will emerge, but the probability of BB10 filling the role is wholly dependent on whether RIM can convince Samsung, Huawei, and ZTE to license. Baidu, Huawei, and others are pursuing their own operating systems. We also see Win 8 as somewhat of a threat but conflicting reviews, less-than-stellar developer feedback, and a desire by Microsoft to make hardware directly make Win 8."
So far if RIM has a
up its sleeve, it hasn't announced it yet. Thus far all of the RIM's
announced BB10 devices
have been first-party designs, the company's traditional bread and butter.
An analyst claims the RIMdenberg won't be delivering BB10 devices as early as anticipated.
[Image Source: Jason Mick/DailyTech LLC]
Of course Mr. Misek had
All Things Digital
, "It’s going to be terrible with a scoop of worse for August."
Instead RIM handily beat Mr. Misek's financial prediction. The fiscal surprise came thanks to strong cost cutting, and was in spite of the fact that RIM largely met Mr. Misek's gloomy prediction on the unit sales front.
The facts are simple -- RIM has delayed BB10 by over a year so far. And its volumes lay decimated at a fraction of their former glory.
However, it's worth taking Mr. Misek and other analysts' "inside" information with a bit of skepticism, until the same news comes straight from horse's mouth (which it oft does). After all, those same aforementioned dire metrics have certain parties greedily eyeing
a fire sale purchase
of the embattled phonemaker, and every bit of extra bad news -- true or not -- likely sweetens the price.
This article is over a month old, voting and posting comments is disabled
Never believe an "analyst"
10/9/2012 4:41:05 PM
They have their own interests at heart, not yours, or even the company they are such an expert in.
In fact, never believe an analyst at all.
Wankers, the lot of them.
RE: Never believe an "analyst"
10/10/2012 5:15:12 PM
Don't need a PhD to look at their financials and see a dead man walking:
I think you and tayb bought RIMM stock and are just hoping it doesn't go to zero. Look on the bright side! I hear its worth at least 2 or $3 a share in patents and assets. So you might lose 99% from that stock purchase a couple years ago, but not 100%! ;)
"If they're going to pirate somebody, we want it to be us rather than somebody else." -- Microsoft Business Group President Jeff Raikes
RIM CEO: We Want to be in Third Place
September 26, 2012, 11:11 AM
RIM's BlackBerry 10 Phones to Get HD Display
August 16, 2012, 1:34 PM
Report: IBM Wants to Buy RIM's Enterprise Service Unit if BB10 Flops
August 10, 2012, 12:12 PM
Analysts: "RIM’s Death Spiral" Hits the "Third Inning"
June 28, 2012, 1:05 PM
RIM Doesn't Want to Sell Itself, Hopes Instead for a "Strategic Investment"
April 17, 2012, 5:28 PM
Retiree Sues Apple For $7,500 for Wiping Honeymoon Photos From His iPhone
November 30, 2015, 10:23 AM
iPhone 7 May Pack 3-4 GB Memory, More Storage; 4-Inch Comeback is Rumored
November 20, 2015, 10:12 PM
OnePlus One, OnePlus 2 Will Receive Android Marshmallow in Q1 2016
November 16, 2015, 9:58 AM
Lenovo Whoa: Motorola Droid MAXX 2 and Turbo 2 Break Cover in Leaks
October 26, 2015, 3:12 PM
Leak: Apple Preps for First Real Android App Foray With New Apple Music App
October 24, 2015, 1:59 PM
Pepsi Smartphone? Empty Calories Coming Soon to the Midrange
October 12, 2015, 11:41 PM
Latest Blog Posts
Sceptre Airs 27", 120 Hz. 1080p Monitor/HDTV w/ 5 ms Response Time for $220
Dec 3, 2014, 10:32 PM
Costco Gives Employees Thanksgiving Off; Wal-Mart Leads "Black Thursday" Charge
Oct 29, 2014, 9:57 PM
"Bear Selfies" Fad Could Turn Deadly, Warn Nevada Wildlife Officials
Oct 28, 2014, 12:00 PM
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
More Blog Posts
Copyright 2016 DailyTech LLC. -
Terms, Conditions & Privacy Information