RIM: Next-generation phones not out till late 2012

FILE - This file photo taken Sept. 8, 2011, shows a BlackBerry smartphone using the "Messenger" service, in Berlin. (AP Photo/dapd, Oliver Lang, File) (AP Photo/Oliver Lang)

December 15, 2011 2:38:10 PM PST
BlackBerry maker Research In Motion is saying that the new phones deemed critical to the company's future won't be out until late 2012.

Mike Lazaridis, one of the company's co-CEOs, said on a conference call with analysts Thursday that the BlackBerry 10 phones will need a dual processor. He says the chipset will not be available until mid-2012, so the company can now expect the new phones to ship late in the year.

Analysts say RIM's future depends on the new software platform. RIM needs to come up with a compelling BlackBerry as U.S. users have moved on to flashier touch-screen phones such as Apple's iPhone and various competing models that run Google's Android software.