Stage Four: Depression forbes.com

RIM is adhering to the Kübler-Ross model:

Research In Motion is not likely to launch the much-anticipated BlackBerry 10 operating system software until March 2013, Jefferies analyst Peter Misek asserts in a research note. To date, the company has only said it expects to debut the first BB 10 devices in the calendar first quarter.

“We had hoped for a January launch but now see a March launch as more likely,” he writes. That would mean no sales of the next generation phones in the February quarter. “Also, our checks point to a tough November quarter, with replenishment rates decreasing as channel partners are cautious on holding RIM inventory. We think the business uncertainty means parties are unlikely to acquire or license from RIM until BB10 launches.”