Second Report of iPad Delays Puts Apple At 200k Units Available at Launch
Per AppleInsider, Think Equity analyst Vijay Rakesh issued a note to investors on Thursday saying that checks with Taiwanese manufacturers indicated “some minor delays” in production of Apple’s upcoming iPad. This marks the second report in a week citing production delays of the much-anticipated product and manufacturing volume may remain low for the month of March.
These issues, said Rakesh, are only expected to be temporary. ”Our checks are indicating iPad volumes will pick back up to the 800k-1M units/month into April-May from the current 200-250K,” Rakesh wrote. “We believe this is just a minor hiccup in a longer-term entirely new revenue stream and product roadmap for AAPL.” He added, “the delays do not appear to be glass or manufacturing process.”
On Monday, analyst Peter Misek with Canaccord Adams cited a report of an “unspecified production problem” regarding the manufacturing of the iPad. Misek stated that the issues could restrict the number of launch units to just 300,000. According to DigiTimes, suppliers have stated that there have been no manufacturing issues and that Apple would be likely to ship between 600,000 and 700,000 in March and another million in April.
Additional speculation has emerged stating that the iPad could be released on March 26th, though Apple has yet to announce an official launch date for the product.