Has RIM Nixed Development of New PlayBook?

Research in Motion has cancelled development of a second PlayBook tablet model, according to a report.

The company has ceased development of the PlayBook 2 in order to concentrate on its first QNX-powered BlackBerry Superphone, N4BB reported, although the website did not name sources or explain where it obtained its information.

Despite RIMs struggles, the company has been optimistic about the demand for its PlayBook tablet computer, which was released earlier this year.

The Waterloo, Ont., Canada-based company shipped roughly 500,000 tablets in the first fiscal quarter of 2012.

While the PlayBook launch did not go as smoothly as we had planned, the potential of the product and powerful underlying OS was recognized and acknowledged by partners, channels, reviewers and end users,” RIM Co-CEO Jim Balsillie said earlier this month in a quarterly earnings conference call with financial analysts.

RIM has introduced updates to the product to deliver such features as video chat and a native Facebook application, Balsillie said, and the BlackBerry manufacturer plans to introduce additional apps such as email, Android media player and corporate virtual private network capabilities. However, the company has reportedly delayed the arrival of its PlayBook for fourth-generation networks RIM doesnt anticipate introducing the 4G devices (for WiMAX, LTE and HSPA+ networks) until the fall, according to reports.

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