The BlackBerry Colt -- RIM's presciently named round three handset entry, or last grasp at smartphone dominance? You'll have to wait until the end of the year to decide, as this latest bout of insider hearsay points to a sooner-than-expected launch. Citing several trusted industry sources, Dutch website Tweakers.net reports that the Canadian electronics company is rushing its first QNX-based smartphone out to the mobile market ahead of its previously rumored 2012 Q1 launch. The phone, purported to lack BES, is said to pack a 4.3-inch display and a single-core (yes, you haven't misread that) 1.2GHz Qualcomm MSM8255 processor. We can understand if you're already underwhelmed. Releasing a single core device into an impending quad-core wireless world is one sure way for the company to castrate its young mobile buck. Still, with gossip being what it is, we'd advise you to take this news with a heavy lick of salt. You never know, those co-chairs up in Waterloo could still surprise us yet.

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BlackBerry Colt to launch before end of 2011?