An analyst with Canaccord Adams, a Canada based banking company, has predicted that Apple's much-awaited iPad tablet device, which is scheduled for a March release, will get delayed owing to hardware problems.
Peter Misek released a research note in which he claimed that Apple iPad will be delayed because of an 'unspecified production problem' faced by Hon Hai Precision, which is the Taiwan-based ODM supplier contracted by Apple.
The much awaited iPad was recently unveiled by Apple at a press conference in San Francisco, where the company had said that the WiFi-only version of the device will be released in March while the 3G edition will be released in April.
However, now the fresh iPad rumour has raised doubts about the release date of the device as no word from the company has been received ever since the news about a possible delay broke out.
Appleinsider.com, a blog dedicated to rumours related to Apple, reported that the analyst said in a note to investors that “The upcoming iPad launch may be somewhat limited as a manufacturing bottleneck has impacted production of Apple's device. The number of units available, 300,000, in the month of March, far lower than the company's estimate of one million units.”
The rumours haven't affected the price of Apple's shares it seems. The company is up by 7 percent over the past 30 days and an impressive 6.5 percent over the last five days alone. Apple is within touching distance of its 52 week high of $215.59.
(The Money Times)
The Tech Herald)