Is this the end of the road for Research in Motion and the once-loved "BlackBerry"?

RIM reported three pieces of awful news on Thursday as 5,000 staffs were laidoff, a giant quarterly loss and worst of all another delay to its next BlackBerry 10 operating system.



RIM's shares plunged 18% Friday on the news.

The company's BlackBerry 10 operating system meant to be the linchpin of RIM's turnaround won't hit the market until the first quarter of 2013.

The news is so concerning that some critics don't think the company will even survive long enough to launch the OS.

BlackBerry 10 (which RIM first announced in October as "BBX" before a lawsuit over the system's name) had previously been slated for release later this year.

CEO Thorsten Heins was somber on a post-earnings conference on Thursday, saying that developers have been making progress on BlackBerry 10 but implementation is "more challenging than anticipated."

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