Bad News from RIM: BB10 delayed & 5000 jobs to go

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http://www.itwire.com – Ailing BlackBerry maker Research in Motion has unveiled plans to shed another 5000 staff and has delayed until 2013 the new BB10 smartphone platform on which it is pinning its future. Meanwhile, one analyst says gross margins on its hardware are now in negative territory. {loadposition stuart}Research in Motion posted its Q1 results this week, reporting a 33 percent quarter to quarter drop in revenue to $US2.8b and a net loss of $US519m, compared to a profit of $US695m in the same quarter last year. During the quarter it shipped 7.8 BlackBerry smartphones and 260,000 tablets. The company anno (IT news)