RIM's PlayBook tablet unlikely to ship before March
IDG News Service - Research In Motion may have high hopes for its PlayBook tablet but it looks like the device will not go on sale until the end of the first quarter, according to comments from executives during RIM's earnings call Thursday.
RIM has said it will launch the tablet in the U.S. in the first calendar quarter of 2011. But in its quarterly earnings call, executives said they don't expect to record revenue from the PlayBook until the first quarter of the company's fiscal year, which starts in March.
RIM is forecasting revenue of US$5.5 billion to $5.7 billion for its fiscal fourth quarter ending in February, but that will not include revenue from the PlayBook, said Adele Ebbs, RIM's vice president of investor relations, during a conference call to discuss the company's quarterly earnings.
A RIM spokeswoman said later that no date has been announced for the launch of the tablet.
"The PlayBook redefines what a tablet should do," RIM co-CEO Jim Balsillie said during the call. He said the excitement from customers has been "overwhelming" and that the PlayBook will have an edge over competitors because of the ease of running existing Web apps on it.
The PlayBook faces tough competition from the popular Apple iPad, however, which some enterprises have already started using.
One analyst said the first version of the PlayBook may appeal only to a niche of users. "That one will probably have limited appeal," said Mark McKechnie, an analyst with Gleacher & Company. RIM has said the first PlayBook will have Wi-Fi connectivity but no built-in cellular connection. Subsequent versions are expected to have mobile Internet connections and so might appeal to a broader market, he said.
RIM said it shipped 14.2 million BlackBerry phones in the quarter ended Nov. 27, up 40 percent over the same period last year. Net income was $911.1 million, up from $796.7 million in the same quarter last year. The company brought in $5.5 billion in revenue.
In the smartphone market, RIM faces a tough challenger in the iPhone, which has enough security features to be acceptable to some enterprise users. RIM has been branching out into more markets around the world, which could help it to offset a shrinking market share in the U.S.
- Accelerating Cloud Deployment and Operations with Managed Services Companies that do not have sufficient in-house expertise to either deploy or maintain an IaaS cloud should turn to Managed Service Providers .
- Enable secure remote access to 3D data without sacrificing visual perfomance Design and manufacturing companies must adapt quickly to the demands of an increasingly global and competitive economy. To speed time to market for...
- Simplifying Product Design In A Complex World Product design engineering has moved far beyond the confines of ever-more powerful workstations. Companies can't afford to restrict projects to using only local...
- A Reference Architecture for the Internet of Things The aim of this is to provide Architects and Developers of IoT projects with an effective starting point that covers the major requirements...
- What Does it Take to Deliver a Superior Customer Experience? The Two Top-Rated Online Retailers, B&H Photo and Crutchfield Electronics, Share Their Secrets Discuss practical CX tools and service methods such as contact center agents and the use of realtime speech analytics to help contact center...
- Keep Servers Up and Running and Attackers in the Dark An SSL/TLS handshake requires at least 10 times more processing power on a server than on the client. SSL renegotiation attacks can readily... All Hardware White Papers | Webcasts