NEW YORK ( TheStreet) -- The days of an independent Research In Motion (RIMM) appear to be numbered. Apple (AAPL - Get Report) and Google (GOOG - Get Report) have destroyed RIM and Nokia (NOK). Nokia is barely able to keep the lights on, and RIM's chart is equally painful to look at.On August 2011, I wrote an article asking if RIM can survive another year. I believed the odds favored a buyout. By November 2011, I wrote a follow-up article that in a nutshell stated the Apple and Sprint contract will force a RIM takeover.
|RIM CEO Thorsten Heins|
Heins, on one hand, is stressing the delay was "not related to quality or functionality," and on the other advising the delays are from porting code and will take longer than six months to solve. Well, which is it? If the platform has the desired quality and functionality, why is BB10 not getting released in 2012? Many global carrier partners "actually prefer a Q1 launch," Heins stated Thursday. That may be all well and true, but investors prefer to know how grim things are as soon as possible. Additionally, investors prefer a sooner rather than later launch after enduring several previous postponements. When sooner rather than later is the difference between reaching the holiday season or not, the situation becomes increasingly exigent.