Blackberry Phone Launch Delayed

Research in Motion (RIM), that creates Blackberry phones has voiced a check to the launch of its new Blackberry 10.

There was moreover dissatisfaction at the prophecy of sales of between 11 and 12 million smartphones in the stream XMas quarter, down from 14.8 million in the same time final year.

It reported net income of $265m (171m) is to entertain to 26 November, down from $911m in the same time of 2010.

RIM shares fell more than 6% in after-hours trading.

The Blackberry 10 phones were ostensible to be on sale in the initial 3 months of 2012, but RIM right away says they won't be existing until late in the year.

It blamed the modernized chips is to phones not being existing until the center of the year.

'Steep decline'

RIM has moreover taken a assign of $356m for unsold PlayBook tablets, that were launched with sufficient hype progressing this year.

"They're awaiting a flattering high reject in to the legal holiday period, and that's not a great sign, obviously," mentioned Shaw Wu, researcher at Sterne Agee.

The new phones will run the QNX working system, that is seen as major to the firm if it is to vie with phones using Google's Android program or Apple's iPhone.

The firm has had a tough couple of months, with a service outage knocking $40m off its net income.

"As segment of our undertaking to enhancing our opening to improved encounter the expectations of shareholders and customers, you go on to weigh ways to upgrade in a few areas of the company's operations," RIM's joint arch management team Jim Balsillie and Mike Lazaridis mentioned in a statement.

"It might take some time to realize the benefits of these efforts and the stage passing from one to another that you are undertaking, but you go on to think that RIM has the right set of strengths and capabilities to sustain a heading purpose in the mobile communications industry."

The two arch management team mentioned they had marked down the money component of their pay packages to $1 per year.