Research In Motion: Another BlackBerry Bold Delay

The BlackBerry Bold will likely be delayed by two weeks for carriers Rogers (RCI), T-Mobile and Vodafone (VOD) as Research In Motion Ltd.’s (RIMM) engineers may be spending more time on the touch screen Thunder to push forward its release date.

This is the indication from Canaccord Adams analyst Peter Misek’s channel checks. However, he said the software build has likely been sent recently, which makes an earlier launch possible. However, he did not expect anything as early as Monday, July 28.

The analyst told clients that while this is a short-term negative, it is not very material for RIM and he still expects those three carriers to launch in August. That means the sales will contribute to RIM’s second quarter results.

Mr. Misek also noted that his sources suggest there will be a second 3G iPhone from Apple Inc. (AAPL) launched around November. He said it will have 32 gigabytes of storage and will come in additional colors.

Any weakness related to the Bold delay would be a buying opportunity in RIM shares, he added, reiterating a “buy” rating and $225 price target.

Comments

[^stocker^:]

i'm waitin for the rise of rimm!

2008 Jul 29 11:10 AM

[Jewbacca:]

Delaying Bold to get the Thunder ready!!! WTF are you smoking????

2008 Jul 29 01:48 PM