WATERLOO, Ontario, Dec. 22 (UPI) -- Canadian company Research in Motion denied charges that its top executives lied about the reason for the delay of the next generation BlackBerry phone.
Boy Genius Report, a technology Web site, said the company's co-Chief Executive Officers Mike Lazaridis and Jim Balsillie explained the delay of the BlackBerry 10 is because the company is waiting for dual-core Long Term Evolution 4G microchips.
But a source told Boy Genius Report the phone's software is nowhere near ready, InformationWeek reported Friday.
PCMagazine reported the source claimed, "RIM is simply pushing this out (the release of BlackBerry 10) as long as they can for one reason, they don't have a working product yet."
In response, RIM said in a statement, "RIM made a strategic decision to launch BlackBerry 10 devices with a new, LTE-based dual-core chipset architecture."
"The anonymous claim suggesting otherwise is inaccurate and uninformed. As RIM has previously explained, and as Mike Lazaridis reiterated on the earnings call, we will not launch BlackBerry 10 devices until we know they are ready and we believe this new chipset architecture is required to deliver the world-class user experience that our customers will expect," the statement said.