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Update: Analyst claims RIM has “canceled development of additional tablet projects”… RIM says it’s “pure fiction”


Roh no! Say it ain’t so. Honestly, I can’t see this rumour being true. During their Q2 results a couple weeks ago RIM announced they had shipped 200,000 BlackBerry PlayBook tablets, taking the combined number to 700,000. Certainly not the number they were hoping for and not what analysts predicted. Over the past few days the PlayBook has seen a steady decrease in price points, plus reports indicated that Quanta, the company manufacturers the PlayBook, has laid off employees and reduced its production. Today, thanks to analyst John Vinh from Collins Stewart says RIM has completely “halted production” and also “canceled development of additional tablet projects”.

According to a post in BGR, the reports states that “Collins Stewart analyst John Vinh made the claims in a note to investors Thursday morning, citing anonymous sources at RIM’s manufacturing partner Quanta. “While Quanta last week acknowledged that it had laid off a significant number of production workers from a factory focused on producing the PlayBook, our research indicates that the ODM has essentially halted production of the tablet, Vinh wrote. “Additionally, our due diligence indicates that RIMM has canceled development of additional tablet projects.”

RIM has invested so much time/money/energy into the QNX platform and are basing their entire smartphone/tablet future on it. Can you see this happening?

Hopefully RIM addresses the rumour.

Update: Well that didn’t take long. Good for RIM. According to the WSJ who received and email from RIM, they have apparently denied the rumour stating that it’s “pure fiction” and that RIM “remains highly committed to the tablet market”.

  • kardi

    I for one, think it’s a good idea. RIM needs to concentrate solely on the QNX smartphones. PERIOD. They cannot afford to mess up!

    • STU

      REST RIM REST.
      SAVE YOUR STRENGTH.

    • RICH CALGARY

      RIM JUST DIE ALREADY!!!

    • RICH MANITOBA

      RIM IS DIED!!!!
      RIM IS DIED!!!!
      RIM IS DIED!!!!
      RIM IS DIED!!!!
      RIM IS DIED!!!!
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      RIM IS DIED!!!!
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      RIM IS DIED!!!!
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      RIM IS DIED!!!!
      RIM IS DIED!!!!
      RIM IS DIED!!!!
      RIM IS DIED!!!!
      RIM IS DIED!!!!
      RIM IS DIED!!!!
      RIM IS DIED!!!!
      RIM IS DIED!!!!
      RIM IS DIED!!!!
      RIM IS DIED!!!!
      RIM IS DIED!!!!
      RIM IS DIED!!!!
      RIM IS DIED!!!!
      RIM IS DIED!!!!
      RIM IS DIED!!!!
      RIM IS DIED!!!!
      RIM IS DIED!!!!
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      RIM IS DIED!!!!
      RIM IS DIED!!!!
      RIM IS DIED!!!!
      RIM IS DIED!!!!

  • Chris

    RIM responded and said claims were false. The analyst also doesn’t cover devices.

    Hit me a +1 for acknowledging RIM’s management on this one. They werequick to respond to rumors that aim to damage the company’s reputation!

  • phoneguy

    this is hilarious…GO PM!!!

  • E

    I wouldn’t be surprised if it was true. Can’t say RIM didn’t deserve it either, they put out a tablet that can’t do nearly as much as others and for the things that it should be a requirement like native email, it doesn’t include. For a tablet that seemed to be aimed towards business consumers, that’s just ridiculous.

  • Blair

    The more important question is: who is Collins Stewart?

    Sounds like a chop shop a la JT Marlin.

  • BB King

    Most “Industry Anal-ysts” are just that…..Asses! They have are like mean kids with a magnifying glass, cruel and uneducated. As one of the few smart consumers who purchased a Playbook (and iPad2), I can say without a doubt it’s a powerhouse device. I am tired of hearing all the iTards going on and on about how great the iPad2 is compared to the Playbook………..they target different consumers!!!!

    As an owner of both devices here is my unbiased grading:
    - Apps – iPad2
    - Available Accessories – iPad2
    - Battery Life – Playbook
    - Browsing – Playbook – FLASH matters Apple – ACCEPT IT!
    - Build Quality – Playbook – feels comfortable in your hand
    - Camera – Playbook – FULL TRUE HD QUALITY
    - Esthetics – iPad2
    - Expandability – Playbook – micro HDMI / USB
    - Portability- Playbook – 10″ = big for the business world
    - Video Quality – Playbook – FULL 1080P Playbook vs. 720p

    Tale of the Tape:

    iPad2 gets 3/10
    PLAYBOOK gets 7/10

    • Sean

      As much as i like to knock the Playbook you are right it is pretty good technically but doesn’t hold up to the android ones

    • EC

      the Asus Transformer destroys this tablet

      larger higher resolution IPS Display (1280×800)
      optional keyboard dock upgrading the battery life to 16Hrs
      MicroSD expansion (32GB MicroSD’s are $80)
      KB Dock has USB and SDXC (capable of addressing 2TB SDXC Cards
      Android market works properly
      Email clients that WORK (pick and choose from market or use the built in which works perfect with exchange)
      Google Maps and Gmail (with all the extras like google+, google talk, latitude etc)

      most important point is the price, instead of paying $500 for a 16GB tablet, you pay $400 for more features

      also between July and now i Asus updated my transformer 4 times, how many times has the playbook been updated? (mine was over the air)

    • TeknoBug

      @EC do you have a PB? I was planning on getting the Transformer to replace my netbook since it has a nice keyboard dock, I wouldn’t use it as a tablet on the go while the PB suits that much better (for when I’m commuting on the train and bus).

      Also the PB’s display is very nice, one of the best besides the iPad and Transformer’s IPS display.

  • TheTigerTek

    BGR should stop listening to analyst and their mother. Sick of BGR’s false statement.

  • Xing Pu Wu

    As a former RIM employee, I can confirm RIM has cancelled tablet development.

    • BB King

      As a former disgruntled employee it seems. Sorry I don’t believe it. I have friends at RIM and companies that partner with RIM. Don’t believe it!

  • Ryan Bidan

    HAHAHAHAHA

  • Ryan Bidan

    I am so glad I left RIM and I left a failing product line. I managed the BB Presenter and PlayBook, both products were disasters, and I led the company to millions of $ in inventory lol!

  • Zinko

    this is true folks.

    Where is the 3G Mickey Lizarditis promised “this summer”? Don’t see it anywhere – Sprint dropped it before they even took it!

    Where is the 10″ tablet they were working on? Flopped as well – won’t launch and it will be DOA.

    Bye bye RIM

  • Blanko

    RIM RIM ROM

  • RICH CALGARY

    RIM IS DEAD!!

    RIM IS DEAD!!

    RIM IS DEAD!!

    RIM IS DEAD!!

    RIM IS DEAD!!

    RIM IS DEAD!!

    RIM IS DEAD!!

    RIM IS DEAD!!

    RIM IS DEAD!!

    RIM IS DEAD!!

    RIM IS DEAD!!

    RIM IS DEAD!!

    RIM IS DEAD!!

  • BBC

    Hopefully there is a fire sale coming for Playbook. I would buy it in a heart beat for $99!

  • Betty Koyle

    RIP RIM!

  • Aa

    Anyone notice they started using playbooks in Flashpoint??

  • Grimconch

    I think this is a fair price. A really good deal if android apps in a few months is a sure thing, but I wouldn’t buy it with that speculation in mind.

    It really is the nicest tablet out there IMO, it just doesn’t really do anything.

    • Canada

      How is it a good deal at $300?
      It needs to be $200-230, MAX!

  • Duper

    I think I would wait until after the RIM confence mid October to invest in the Playbook product. Perhaps their future will be more clear then. Without the upgrade to OS. 2 and future development even $299.00 sounds like a lot. I think I would rather throw some more bucks at a 2nd iPad or perhaps a small Andriod device.

  • abc123

    “Speculation is the root of all evil”
    Gordon Gecko (Wall Street: Money Never Sleeps)

    • kad

      greed is good… apple is greedy and it’s doing good (financially at least :)

  • Josh

    RIM probably wouldn’t be in this mess if it just launched the device at $300. They would have severely undercut the competition at the time, which would have driven sales to their product, which would provide developers with a reason to create apps for the Playbook.

    It’s a good product and all (I own one), but the general public only see that it’s smaller than the iPad, it costs just as much as an iPad, and it’s NOT Apple, so $500 for a base model is way too overpriced for the typical consumer.

  • Dave

    “remains highly committed to the tablet market”.

    What? It’s a useless piece of junk as Rim knows it.
    QNX platform is Rim last card before it’s over.

  • bobo jones

    The most important thing in a tablet is apps. Rim has stated that the android emulator will only work with only the most basic apps that most people will not want. The game is over and RIM lost because of what has plagued this company for the last 5 years,-INDECISION. When they should of been moving they were sitting. Blame the board.

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