RIM Delays New BlackBerry

    CHICAGO, IL - OCTOBER 12:  In this photo illustration, A Research In Motion BlackBerry device is shown on October 12, 2011 in Chicago, Illinois. A three-day disruption of service that has previously affected users in Europe, the Middle East, Africa and India has now spread to customers in North America. Customers are experiencing patchy email service and receiving no access to browsing or messaging.  (Photo Illustration by Scott Olson/Getty Images)

    Scott Olson / Getty Images

    In another blow to Research in Motion, the company that makes the BlackBerry, its latest launch is being delayed until 2013. Research on the BlackBerry 10, its next generation of devices, turned out to be more time-consuming than the company had anticipated. RIM’s stock price tumbled 14 percent after the news was announced. This follows on the heels of a quarterly operating loss and steep job cuts.

    Read it at Reuters