RIM Chokes on Its iPad Killer
The BlackBerry maker had hoped to offer a Google (GOOG) Android-powered tablet later this year, but has now backed off the plan, says Rodman Renshaw analyst Ashok Kumar, who has been monitoring the supplier and manufacturing partners.
The so-called BlackPad RIM tablet -- first reported by BlackBerry Leaks -- is being pushed out to early next year, says Kumar.
The move marks the third time in two weeks that a would-be tablet maker has shelved product preparations aimed at challenging the Apple (AAPL) iPad. Last week, Hewlett-Packard (HPQ) pulled the plug on its Slate tablet and Microsoft (MSFT) reportedly withdrew plans for the Courier device. Both tablets had been due to arrive this year, dealing Microsoft a major setback in its flailing mobile effort."Everyone is taking a second look at that product roadmap," says Kumar, referring to tablets. "It has to compare favorably to the iPad." RIM is expected to be designing its tablet for the consumer market -- not specifically to its core business users. As it stands now, says Kumar, RIM has enlisted Quanta, Taiwan's huge contract manufacturer, to build the device. And instead of using Google's Android software, RIM has decided to go with its own BlackBerry operating system, presumably the one featured at the company's developers' conference last week. The "BlackPad" is also slated to use Marvell's (MRVL) Armada processor, a significant supplier choice that once again has Intel (INTC) sitting outside the tablet market.
More on Tablets
|Apple Hits the Magic Million iPad Tally
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV