Apple's New iPad Delayed Until June?

Monday February 21, 2011 7:29 pm PST by Arnold Kim

Bloomberg cites a Yuanta Securities Co. research note claiming that the new iPad may be delayed from April to June.

The report by Vincent Chen and Alison Chen, analysts at Yuanta, cited production bottlenecks at Hon Hai Precision Industry Co. after Apple made design changes before the Lunar New year.

We've never heard any predictions coming from Yuanta Securities before so we have no idea of their reliability.

All previous reports have pointed to a Q1 launch, possibly in April for the iPad 2.

Update: Bloomberg has expanded its article to include additional detail from the analyst report.

"Our checks suggest new issues are being encountered with the new production and it is taking time to resolve them," said Chen in the report.

Tags: Yuanta Securities Co., Alison Chen, Vincent Chen

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