During RIM’s Q1 Fiscal 2012 conference call today they confirmed some not so good news about upcoming product launches. I know many of you are anxious to get your hands on a BlackBerry Bold 9900 or Bold 9930 as soon as possible especially since the original announcement was it’s “expected to be available from carriers around the world beginning this summer”, but it looks like we’ll have to wait till the very end of summer for these and the 4G PlayBooks:
“Fiscal 2012 has gotten off to a challenging start. The slowdown we saw in the first quarter is continuing into Q2, and delays in new product introductions into the very late part of August is leading to a lower than expected outlook in the second quarter.” said Jim Balsillie, Co-CEO at Research In Motion. “RIM’s business is profitable and remains solid overall with growing market share in numerous markets around the world and a strong balance sheet with almost $3 billion in cash. We believe that with the new products scheduled for launch in the next few months and realigning our cost structure, RIM will see strong profit growth in the latter part of fiscal 2012.”
New BlackBerry product launch delays have happened before and while some challenges can take it completely out of RIM’s hands, I’m still a bit disappointed but hopeful especially since I’ve seen and played with the Bold 9900 and have had a great experience with the PlayBook tablet. For more info Check out the Q1 Fiscal 2012 press release here or to listen to the conference call replay check here after 7PM ET today.
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