Mike Lazaridis today confirmed that news that BlackBerry 10 phones will not be making their debut anytime soon with an expected release of the first handsets set for the end of 2012.
In a conference call to investors and developers the co-CEO explained that the delays were due to the chip requirements set by BlackBerry 10 which needs the right balance of both power and battery performance.
Because a chip like that doesn't actually exist yet the company is having to hold fast until the chipsets they know they'll be using will actually be available for use.
The news has come as a suprise after it was believed that the leaked BlackBerry London would in fact be the first BlackBerry 10 smartphone and coming out in the New Year.
Will BlackBerry be able to hold out for over a year or is this a mistake? Let us know what you think via the comments box below...