Update:  It looks like the rumor is correct.  The Verizon BlackBerry Storm 9530 and 3 other BlackBerry devices are being end of lifed

Word on the street (quite literally, actually) is that investors and analysts believe that there is speculation among traders about a report that indicated orders for the BlackBerry Storm were cut or canceled. The name of the research shop that produced the note wasn’t immediately known and both RIM and Verizon either declined to comment, or, don’t have a comment at this time.

My initial take on this rumor is that it is probably true, and, it really isn’t that big of a deal…

My guess is that this rumor applies only to the BlackBerry Storm, not the BlackBerry Storm2, and, we’re probably still several months away from a time when you can no longer by a BlackBerry Storm from Verizon.  We’re also probably not too far away from the time that we start hearing  rumors about the BlackBerry Storm3, or, whatever RIM and Verizon decide to call their new touchscreen device.

Excluding the original BlackBerry Curve, RIM doesn’t generally continue to manufacture devices that have been replaced by newer versions of the same line multiple times.  I know this upsets a lot of people, however, if RIM could have put all the cool technology currently available today into a device that debuted in the fall of 2008, they would have.  The natural order of things is for older models to be phased out to make room for new models with more features and functionality.

So, is Research in Motion discontinuing the BlackBerry Storm?  Yeah, eventually… But, like I said, it isn’t that big of a deal.