NEW YORK (TheStreet) -- So far, 2011 is looking like the year of the superphone delay.
In an industry where company fortunes can change dramatically with the success or failure of a single phone, it is somewhat alarming to see so many outfits stumble so badly as they try to launch new flagship phones.
Thursday was a banner day for delays, as three players all stepped forward with disappointing news.First, Verizon Thanks largely to the nationwide outage of its 4G LTE network, Verizon said it was going to postpone the sales launch of its Samsung Droid Charge. The phone is a 4G LTE device that, when it arrives, will be the second superphone to work on Verizon's speedy new network. In no small way, the Droid Charge was to be the next leg of Verizon's 4G LTE race. The first 4G device, the HTC Thunderbolt, has been a popular hit at Verizon, offering dazzling speeds beyond anything else in the market. Verizon is at least a year ahead of rival AT&T (T) on its LTE network expansion and hopes to use the tech lead to win big-spending customers away from competitors. Verizon said it could not specify whether the delay would be days, weeks or months. Motorola Late Thursday, after the bell, Motorola told analysts on its first-quarter earnings call that there was a "push out" of its hotly-anticipated Bionic 4G phone for Verizon. "We've worked with Verizon to re-feature the device," Motorola Mobility's CEO Sanjay Jha said Thursday, adding that the Bionic would launch this summer. The 4G Bionic was due this spring, and it is widely seen as one of the beefier phones that out-muscle Apple's esteemed iPhone. Barclay's Capital analyst Jeff Kvaal asked Jha on the earnings call if the company wasn't at a disadvantage being late to a highly competitive smartphone market. "I'd be disappointed if this became a regular event," said Jha, adding that Motorola has delivered 27 smartphones during his tenure and the on-time track record has been good. "Bionic is an aberration," Jha said.
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 + 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