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RIM may be rushing BlackBerry Colt QNX phone amid weak BlackBerry 7 sales

RIM may be rushing BlackBerry Colt QNX phone amid weak BlackBerry 7 sales Created by MG1 on Sep 12, 2011

Research In Motion is said to be rushing its first QNX-powered smartphone to market in light of underwhelming BlackBerry 7 devices sales. In a note to investors on Friday, Jefferies & Company analyst Peter Misek suggested demand for RIM’s new smartphones is not meeting expectations. An earlier report indicated that sales to enterprise customers have been solid thus far, while consumer demand may be lacking. Misek’s checks indicate that sales of BackBerry 7 phones to carriers is “just okay,” while sales of older BlackBerry smartphones continues to decline. The analyst believes follow up orders from carriers will also fall short of expectations, and RIM’s quarterly earnings could take a hit as... »read more

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