Research In Motion expects lower smartphone shipments in Q1

Business

In a note to investors, RBC Capital Markets Managing Director Mike Abramsky echoed a notice from Research In Motion that cut the company’s quarterly outlook citing lower than expected smartphone sales. RIM now expects Q1 revenue “slightly below” original guidance due to pullback in shipments of smartphones and a lower average selling price. Shares of Research In Motion are down over 10% in after hours trading. We exclusively reported that RIM might only announce one handset at the company’s BlackBerry World conference next week, as opposed to most of their upcoming product lineup.

28 Comments
  • Anonymous

    Wow! This is sad. Prior to being a Goofan (aka Apple Hater) I was a RIMMER (aka Apple Hater.) This absolutely breaks my heart!

    • Tjoannou2001

      haha a rimmer…nuff said

  • Anonymous

    Lower smartphone shipments, and more leftover on the shelves.

  • Tyler

    I just find it hard to believe that RIM is naive enough to think that announcing just one new phone, after almost a year since their last major launch (Torch), is the way to go. A lot of what has already leaked about their upcoming phones has definitely come from RIM to build hype and excitement. With the Playbook finally out and requiring a Blackberry to “bridge” with, they would be more than foolish to not announce most or all of what they have. And in my opinion, they’d be extremely idiotic to not actually release at least one of them within a month.

    • shawnkohut

      I wouldn’t put too much faith into RIM only announcing one phone at BB world…just because it was mentioned here on BGR, doesn’t imply it as fact…

      As memory serves back at DevCon when PB was first announced that day it was reported on BGR that morning that it wouldn’t even be announced! What actually occured????

      BGR is very informative! Kudos too them..however not 100% accurate..just as we all aren’t at times

  • http://twitter.com/AKIIRASAN Anthony A

    actually i believe the guidance was lowered because of the shift of demand to cheaper handsets. and the fact that they havent had anything new since the torch even the torch wasnt that great. and i have it. they are hurting because they havent had any significant updates and supposedly BBworld is where some changes will come to fruition. i think the playbook is just a start to a new RIM. atleast i hope so. time to start playing hardball.

    • Tyler

      It looks like they have a nice arsenal of new phones, but with the next wave of 4G LTE super phones already hitting shelves, along with many other top notch Android devices, RIM needs to open the gates and let them out…FAST!

    • Anonymous

      Indeed, they’ve been missing from Verizon for a year and some phones never launched with AT&T like the Pearl 3G. They haven’t had any new phone since last October. They’ve been talking big about the new line-up so it’s time for them to perform.

      And to the haters, even with the revision RIM will still make around $700 million in profit. Scroll down to see how Android is doing for Motorola and LG.

  • RimShipSinking

    Does this really supprise anyone?

    • RIMsucks

      Like I said before, I love watching them tank.

      • Bobdonhim

        Has RIM hurt you personally in any way? Why do you love watching them tank? If they tank, people will lose jobs…you love watching people lose jobs too? GROW UP!

      • RIMsucks

        Guess what douchebag? People can dislike companies as they please. I believe in free markets and RIM can’t compete so they are going down – I love it!

      • Bobdonhim

        3 people liked your comment? Wow….shows the maturity of idiots on this website. Maybe when you finally graduate high school…after 7yrs of trying, maybe you will then understand

      • Tjoannou2001

        mate your a knob. as much as i hate blackberry phones i would not wish to anyone to lose there jobs. except those who dont deserve one and get stupid money….so hush up and stick your android phone up your ass and take the troll called norm with you

  • http://profiles.google.com/drypulse bryan parker

    ugly phones = crappy sales. interesting

  • Guestone

    What else would a dying company expect???

    • chichi

      Apple was a dying company once too and was saved by Microsoft. RIM is far from being in trouble trust me…

  • Lolrim

    lol

  • Steve blobJobs

    More rim bashing from the folks at Boning Gay’s Rectums!

    Next commenter jerks off to this iPhone notification sound

    • Johnny Wishbone

      Believe half of what you see and none of what you read on BGR, unless it involves the Iphone………………

  • Bob

    “We exclusively reported that RIM MIGHT only..” (rolls eyes)

  • Guest

    not sure wtf guessing that RIM might only announce one phone (which i doubt) has to do with their aging lineup dying. This isnt a surprise and was expected…maybe just not to this degree. Funny part is, they are still going to turn a profit and make more money than Motorola.

    Q2 and Q3 will be much better with a refreshed lineup and new Playbook models.

  • http://twitter.com/EwanTouma Ewan Touma

    I think they make wonderful products but people will not buy them because they are iSheeps or GooSheeps. I myself prefer Apple but not because they make better products than RIM, I just prefer the brand.

    • VirginMerry

      Blackberry jumped the shark with the “Storm”…..Verizon promoted the crap out of it and the phone was a junk iPhone wanna be. They would have been better served to get it right out of the box rather than offer a substandard product. Leading up to the release of the original iPhone – RIM knew what Apple was doing – they knew Google was working on something – but they were the big boys in the room – making tons of miney and had the premier device – if you’re not moving forward, you’re going backwards.

      • Bull Tech

        I agree! RIM did a piss poor job with the storm. They were stubborn with their sure press and with keeping up with tech. They still have good hold with corporate America but how long before Apple and Google take over that market. I hate to say it but probably RIM needs a new CEO with a better grasp on the tech market. And move the company more quickly on keeping up with tech. I think RIM needs to forgo BB7 and move straight to QNX. The more they wait the more market share they will lose. I am pulling for RIM cause the more competition we have the better it is for us users.

    • Anonymous

      Ewan,

      the people who are [i|goo]sheeps are not the normal consumer class. RIM was a great company in the early 00′s just like MS was a good company in the 90′s, as it was the method by which the counter-tech-culture could get out from under the thumb of corporate, and get a device that served _their_ need. Since the introduction of BES, RIMM is now a corporate IT ally, beholden to longer product cycles, less revolutionary products,and a closed market (those that love to text, email or have a tie to a corporate BB account).

      in essense, BB users are the sheep… led to slaughter. iPhone and Android people are the ones who have exercised consciousness in their choices.

      the ’10′s is all about webification of mobile, coupled with lightweight apps that are customized to the endpoint device. RIM stuck their head in the sand on the latter, and was woefully underteched for the former… so they buy QNX and lift off a whole new tech stack.

      Android, and to a lesser extent Apple have focused on both equally. Apple stands apart, given their control of the entire experience delivery system (except for the voice/data link), and that gives them the advantage that BB used to have.

  • Max

    Well well well….I told you BB Morons. Now you read it straight from your almighty rim job itself. People aren’t buying this outdated crap anymore. I termed rim job the beanie baby of the smart phone world. Super hot for a few years then poof…gone. Only tech morons still cling to this antiquated garbage.

  • rizz

    What a shocker! Add a digital compass to it’s current OS and calling it the new OS7. What the f did they expect!

blog comments powered by Disqus