You have to love analysts! The latest spotted by AllThingsD is Jeff Kvall of Barclays Capital. He just downgraded RIM’s stock from $40 to $23 because RIM’s products including QNX phones are seeing continued delays. They have him quoted:
“We believe QNX smartphones are delayed beyond management’s last public statements of a 1Q12 release,” says Kvaal. “RIM’s preference to hold the launch until fully ready is the correct decision in our view, though it does imply that management is anticipating delays in the launch. The company has recently shied away from any reaffirmation of the timeline and have had several public forums to do so. … Putting this aside, our math on carrier certification timelines which require at least six months in the US suggests a late 1Q12 launch at best. … However, we believe technical challenges are high as we have seen with the delay of Playbook 2.0, and we therefore consider a mid-year launch more likely and our checks across the distribution channel support this view.”
I have heard a similar rumor that since RIM turned the Colt into a dev only device they are working on a Q2 2012 launch for QNX BBX phones with all of the features carriers want. The thing is even Kvaal admits that its the right decision for RIM to wait until the device is fully ready. RIM was even giving the same Q2 2012 on the side at DevCon though I don’t remember it being said officially.
The PlayBook is set to get its OS update before BBX but I know I am waiting for the BBX phones! Hopefully RIM manages to spin on a dime and bring it back into Q1 2012. I want a BBX phone in my hands before BlackBerry World!