When Research in Motion reported first-quarter earnings early Friday, the company didn’t break out how many of its new BlackBerry 10 devices it shipped. Later in its conference call with investors, the company revealed the number: about 2.7 million devices. That barely met the lowest end of analysts estimates — CIBC came in at 2.75 million but would still lose under The Price Is Right rules — reported in Will Connors’ walk-up to the earnings report published earlier this week.
Here is a chart from that article showing the wide range of estimates on Wall Street:
After promising its less-than-stellar PlayBook tablet would receive the BlackBerry 10 OS update, the Ontario-based company has reversed its decision to support the tablet. The PlayBook will no longer be part of the BlackBerry 10 upgrade roadmap. CEO Thorstein Heins shared the information during the company’s first-quarter earnings call.
“Our teams have spent a great deal of time and energy looking at solutions that could move the Blackberry 10 experience to PlayBook. But unfortunately, I am not satisfied with the level of performance and user experience, and I made the difficult decision to stop these efforts and focus on our core hardware portfolio,” Heins said during the call. Continue reading