Research In Motion say it wo n’t begin selling telephone with its new computer software platform until the “ late part ” of 2012 and had to take a $ 485 million armory - related rush on its PlayBook tablet as part of another poor earnings report card for the scramble smartphone Lord .
Net income in RIM ’s third quarter finish Nov. 26 dropped dramatically to $ 265 million , compare with $ 911 million in the same period last class . receipts declined to $ 5.2 billion from $ 5.5 billion in the same quarter in 2010 . RIM shipped 14.1 million phone during the quarter , up from 10.6 million in the 2nd quartern this twelvemonth .
Shipments of RIM ’s PlayBook lozenge remain to spend . The ship’s company shipped 150,000 during the tail , compared with 200,000 in the second quarter this year . RIM has recently launched raw promotional programs aim at encourage sales , and those efforts have aid it work through most of its inventory , said Mike Lazaridis , cobalt - chief executive officer of RIM . However , the increase sales from those promotions wo n’t be reflected until the fourth quarter . In the lag , the society took a $ 485 million charge related to PlayBook inventory in the third quarter .
Despite those challenges , RIM remains attached to the lozenge grocery , executives said . The market is in its infancy and it makes sense to be in both the smartphone and the pad of paper markets , Lazaridis order . In addition , RIM hopes that when it releases an update to the operating organization , which will let in aboriginal e-mail and a player for running Android apps , sales will improve .
The company also took a $ 54 million charge related to the service outage it experienced during the poop .
Once the prevailing developer of smartphones used in enterprises , RIM has failed to keep up with Modern competition from Apple , Google and others . It is prepare an overhaul of the software that race on its speech sound but must convince people to buy its current contemporaries of phones until that fresh political platform is released . That is prove to be a challenge already . The company expects to ship between 11 million and 12 million phones in the fourth tail , down from 14 million in the third . But RIM has now decide to push the launch of that new political platform back .
While RIM previously has n’t been specific about when it would launch the fresh phone platform , many observer had wait the phone to come out as early as the first one-quarter of 2012 . Now RIM say it wo n’t embark until the “ late part ” of 2012 because the companionship has decided to expend a more advanced chipset that will tender improved powerfulness efficiency . The chipsets wo n’t be available until the eye of the year , fit in to RIM .
In the meantime , RIM promised investors that it would aggressively work to issue costs . “ I want to reiterate our commitment to make out this challenging transition . We ’ll leave no stone unturned when evaluating the line , ” Lazaridis tell .
The caller is looking at its provision strand , partnerships , licensing opportunities , organizational and management body structure , and the number of products it releases for place to rationalise cost or improve performance . It is not looking at reduce head count , however , they read .