Analyst: Don't Expect RIM's BB10 Until March 2013
October 9, 2012 3:00 PM
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.
"People Don't Respect Confidentiality in This Industry" -- Sony Computer Entertainment of America President and CEO Jack Tretton
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