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28 Nov 2005
Research in Motion (RIM) has issued a warning that its subscriber growth will be lower than initially predicted because the firm is failing to meet product launch deadlines.
The maker of the popular Blackberry mobile email device had expected that new Blackberry 8700 Series for Edge networks and the 7130 Series for EV-DO would bring in new subscribers.
The devices were originally promised for November, but due to a delay in the development, RIM will not be able to launch them until early December.
The delayed launch is expected to impact sales by eight per cent from RIM's original forecast. In the past months the firm signed up its four millionth subscriber.
RIM did not provide any details about what had caused the development delays. The company's new Edge device will be the first to use an Xscale processor made by Intel, which could potentially have taken more time than expected.
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