Among the poor news from Research In Motion (NASDAQ: RIMM) about its earnings and forecast, the company said it would delay smartphones with its critical QNX until 2012. The company said the system required complex hardware. The new handset is viewed as RIM’s last, best chance to move its Blackberry franchise into the consumer market. That market has been dominated by Apple (NASDAQ: AAPL) and smartphones that run the popular Google (NASDAQ: GOOG) Android system.
Earnings and the QNX announcement drove shave of RIM down 7% after hours.
Reuters reports that
The Waterloo, Ontario-based company has been counting on the new operating system to make up ground lost to Apple’s iPhone and iPad and the slew of devices that make use of Google’s Android software.
Many analysts maintain that the delay will ruin RIM’s chance to take market share from Apple
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