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Thursday, March 4, 2010

iPad Production Delays

 Apple fans might have to wait another full month to get his or her hands on the company’s latest device, the iPad. 
The report that comes from Canaccord Adams analyst Peter Misek said there's an "unspecified production problem" with iPad manufacturer Hon Hai Precision. This will reportedly limit the number of iPads sold at launch to 300,000, and they'll only be available in the United States. It's possible, Misek said, that Apple will delay the launch until April due to the extremely low number of iPads for sale.

Canaccord Adams Analyst Peter Misek Report:

“We have…heard that the upcoming iPad launch may be somewhat limited as a manufacturing bottleneck has impacted production of Apple’s newest device. An unspecified production problem at the iPad’s manufacturer, Hon Hai Precision, will likely limit the launch region to the US and the number of units available to roughly 300K in the month of March, far lower than the company’s initial estimate of 1,000K units. The delay in production ramp will likely impact Apple’s April unit estimate of 800K as well. It is also possible that, given the limited number of units available in March, the launch will be delayed for a month.”

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