Early reports say there are going to be a lot of unhappy iPad shoppers out there as concerns about production delays of what's become the most-anticipated device since the iPhone have begun to rear their ugly heads. The Wall Street Journal today is reporting a Canaccord analyst issued a note this morning that warns of "limited" manufacturing of the tablet because of "bottlenecks" in the manufacturing process at one of Apple's partners.
According to the note from Peter Misek: "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."
He goes on to say that the delay may be frustrating for customers, but estimated Apple will still sell 1.2 million of the iPad in fiscal 2010 and nearly triple that in 2011.
Related articles:
Rumor: Hulu working to be iPad friendly
Of course Apple's iPad does video
With the iPad, the medium is the message