BlackBerry, previously known as Research In Motion, has said that a new tablet powered by BlackBerry 10 is unlikely to come to fruition.
Speaking to the press during the BlackBerry 10 launch event, CEO Thorsten Heins conceded that the market is tough. "The tablet business is rather difficult," he stressed. He added the firm is only interested in investing areas it believes could be profitable.
That said, he isn't ruling out future possibilities for a tablet. "We want to provide a value proposition that is not just hardware, but software, too. What we’ll be doing in the tablet space is looking for specific services on top of the tablet — financial, healthcare verticals. We are still exploring various use cases for it."
"Personally, I think it's pretty futile at this point," said Ovum analyst Jan Dawson. "Like Apple, (BlackBerry) really has to make its margin on the device, but it can't charge a premium like Apple."
During April 2011, BlackBerry launched the PlayBook, but it ultimately failed to make an impact in the market. After heavily discounting the product, it shipped a paltry 255,000 units during 2012's third quarter.
While he didn't reveal a time frame, Heins confirmed that BlackBerry is preparing a BlackBerry 10 update for the PlayBook.