RIM during the call discussing its latest quarterly results delayed its first BlackBerry 10 phone to the "latter part" of 2012. It wanted a dual-core processor with LTE-based 4G support, but this chip wouldn't be available until the middle of next year. Co-CEO Jim Balsillie justified the delay by noting that the company wanted a "fully featured" platform with a healthy ecosystem, specifications, and design, making it wait for the new chip.