Research In Motion co-CEO Mike Lazaridis waxed optimistic about the PlayBook and forthcoming BlackBerry smartphones, but financial analysts found the BlackBerry World content lacking.
Fla.-Research In Motion co-CEO Mike Lazaridis spent a good portion of his RIM
Capital Markets Day presentation boasting about the features of the new
BlackBerry PlayBook, which he also apologized for launching late as Apple's
iPad seized and defined the market.
was upbeat, bullish and occasionally defensive about the PlayBook and other
products RIM unveiled here at the BlackBerry World developer's conference May
2. However, he did little to assuage financial analysts' ongoing concerns about
RIM's hemorrhaging mobile market share.
who presented for financial analysts for Capital Markets Day but will present a
live keynote May 3, employed the PlayBook's HDMI output to show presentation
slides. His point was to illustrate the 7-inch slate's viability as a
presentation tool for corporate meetings.
Lazaridis touted several other features of the PlayBook, including its tight
integration with Adobe's Flash multimedia software and Web browsing, he also
apologized for being tardy on delivering the tablet and acknowledged RIM could
have done things differently.
you want an apology for being late on some of our products, I can give that to
you, but it's not because we weren't working hard," he said. "It's
because we wanted to bring the best possible product to market."
apology was not what financial analysts came for. With the PlayBook launched
two weeks ago, analysts were expecting a new smartphone lineup based on
BlackBerry 7 OS and some guidance into RIM's transition to build so-called
superphones based on the QNX operating system used in the PlayBook.
the BlackBerry Bold 9900 and 9930 handsets, which are the phone maker's
thinnest BlackBerry handsets ever and employ 2.8-inch touch screens with a
QWERTY keyboard. The smartphones, which feature HPSA+ support, a 5-megapixel
camera, video-chatting and near field communications, run the new BlackBerry 7
most BlackBerry World attendees viewed the hardware and upgrades as incremental
rather than revolutionary.
& Co analyst Peter Misek said he had been hoping to see three to six BlackBerry
OS 7 smartphones in RIM's pipeline, as well as insight into the QNX smartphone
transition. Lazaridis said RIM intends to merge the BlackBerry and QNX
platforms before introducing the QNX smartphones in 2012.
were no clear indications of when QNX would finally arrive, and we believe the
new moniker signals a longer-than-expected commitment to OS 7 before
transitioning to a QNX-based platform," Misek wrote in a research note May
expects further product launch announcements based on BlackBerry 7 OS this
Financial Research analyst Jeffrey Fidacaro said RIM's announcements did little
to ease investors' concerns regarding the company's ability to recover mobile
phone market share in the United States, where NPD said it lost 5 percentage
points last quarter to Apple's iPhone and Google Android smartphones.
said RIM's expectations appear aggressive for devices based on BlackBerry 7 OS
and that QNX smartphones will likely launch closer to mid-2012 versus the
company's early 2012 target.
RIM's best received news wasn't smartphone hardware or OS software, but its
work in mobile device management software for enterprises.
Ubitexx to manage Android and Apple iOS devices as well as BlackBerry gadgets,
and launched BlackBerry
to securely zone personal and professional content on one BlackBerry