Canadian smartphone maker Research in Motion has claimed that the company is committed to its PlayBook tablet device, despite the fact that it has fared poorly in the market since its launch.
The company recently introduced significant price cuts for the tablet device in Canada and United States in order to boost sales. RIM denied having any plans of discontinuing the failed tablet device, after rumours started circulating on the web this week.
The rumours started after John Vihn, an analyst with Collins Stewart claimed that the company has stopped the production of the tablet device amidst poor sales.
“Additionally, our due diligence indicates that RIM has cancelled development of additional tablet projects,” he revealed.
According to Reuters, the company claimed that it remains committed to the PlayBook tablet device. RIM reported earlier that in the last quarter, it had sold merely 200,000 units of the device.
"Rumours suggesting that the BlackBerry PlayBook is being discontinued are pure fiction," RIM spokeswoman Marisa Conway told Reuters in an emailed statement.
“RIM remains highly committed to the tablet market and the future of QNX in its platform,” she added.