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You won’t believe how bad Research In Motion (NASDAQ:RIMM) is messing up right now. The once mighty cell phone maker has now delayed the launch of its new flagship Blackberry smartphone. Fans won’t see the new device until after the key holiday season in the first quarter of the next year. RIM is blaming the blemish on new engineering taking longer than anticipated; however, these days Research in Motion has nothing but excuses.
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“Over the past several weeks, RIM’s software development teams have made major progress in the development of key features for the BlackBerry 10 platform,” chief executive Thorsten Heins said in a statement. “However, the integration of these features and the associated large volume of code into the platform has proven to be more time consuming than anticipated. As a result, the company now expects to launch the first BlackBerry 10 smartphones in market in Q1 of calendar 2013.”
RIM’s BlackBerry device was once the smartphone market leader, but has lost major share over the past few months. The company reported a big loss in its first fiscal quarter on Thursday, having fallen drastically in the face of the massive success of Apple (NASDAQ:AAPL) and Google (NASDAQ:GOOG). The BlackBerry 10 is considered RIM’s last hope.
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