According to Reuters, Apple Inc. (AAPL) is denying reports that iPad2 launch may be delayed from April to June due to “production bottlenecks.”
Taiwanese brokerage Yuanta Securities said in a note that the next model of the iPad tablet computer would be delayed because of bottlenecks faced by Precision Industry Co., which assembles the iPad.
“Our checks suggest new issues are being encountered with the new production process and it is taking time to resolve them,” Yuanta’s head of downstream tech equities, Vincent Chen, wrote in the note on Tuesday.
According to the Taiwanese securities firm, component makers had to alter their production processes after Apple made design changes to the iPad2 in early February. However, Reuters report, which cited an unnamed source familiar with the matter, said the iPad2 will not be delayed.
AAPL shed $2.49%, or $8.63, to $341.81 in recent action.
All Things D’s Kara Swisher is reporting that Apple will announce the iPad2 on March 2.
“To those who intensely cares about this kind of stuff — which would be pretty much everyone in the tech ecosystem — Apple will hold its much-anticipated event on March 2, where the tech giant seems poised to unveil a new version of its hugely successful iPad, according to multiple sources.”