RIM Defers PlayBook Software Update

On Wednesday, Research In Motion or RIM released a statement suggesting that the company has decided to hold-up playbook tablet’s system update. The stock price immediately fell 65 as soon as the statement from RIM surfaced.

Senior Vice President for Blackberry PlayBook, David J. Smith stated in a blog entry, “we’ve made the difficult decision to wait to launch BlackBerry PlayBook OS 2.0 until we are confident we have fully met the expectations of our developers, enterprise customers and end-users. And here’s what we’re doing to accomplish that.”

RIM said that the new version is scheduled for release in February next year. The new version will not support the Blackberry Messenger application.

It was back in April, when RIM introduced its PlayBook tablet in United States and Canada. Initially, the operating system was scheduled to release within the 60 days of launch.

The beta version of PlayBook OS 2.0 was launched by RIM last week at Blackberry DevCon, however, the release was outshined by RIM’s announcement of BBX, the next generation mobile OS scheduled to launch in 2012.

The PlayBook failed to meet the expected estimates for RIM as this can be obvious from the last quarter results in which RIM offered only 200,000 PlayBook tablets. It has recently started a campaign in developing countries, particularly India to encourage the sales of its tablet at the occasion of Diwali.

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