Apple Inc.’s iPad launch could be limited in size or delayed altogether as a result of a bottlebeck in production and a shortage of components at the device’s manufacturer, according to Canaccord Adams analyst Peter Misek.
He pointed to an unspecificed problem at Hon Hai Precision, which will likely limit the launch region to the United States and the number of units available to roughly 300,000 in March. Apple initially estimated 1 million units.
The delay in production ramp will likely impact Apple’s April unit estimate of 800,000 as well, Mr. Misek said.
Given the limited number of units available in March, the analyst suggested that the launch could be delayed by a month. However, he left his iPad estimates for fiscal 2010 and 2011 unchanged at 1.2 million and 3.5 million units, respectively.
“We believe that the only material impact from the iPad delay could come in the form of frustrated consumers and some modest loss of lustre for the company’s product launch,” Mr. Misek said.
Photo: Stephen Colbert opens the show holding an Apple iPad at the 52nd annual Grammy Awards in Los Angeles January 31, 2010. (REUTERS/Mike Blake)