Last year, the company also delayed plans to lay off 2,300 employees and hired an additional 1,500 people in an effort to improve service.
He said that his company had delayed making an announcement because it was waiting for the technology to mature.
The company delayed the offering until March, then went ahead with half the amount of the original plan.
A shift would not be completely unexpected; the company has delayed the opening once.
The company had previously delayed the payment to avoid bankruptcy.
The company had delayed its release of that version, which might have caused some customers to wait to upgrade.
But under the new rules, a company might delay conversion to avoid the effect on its earnings per share.
The company has repeatedly delayed a stock offering because of weak market conditions.
In Germany, at least 25 companies have postponed or delayed plans to go public.
However, the company will not take the precautionary approach and delay its operations.