Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Apple delays larger iPad production till September: reports

Published 03/05/2015, 02:55 AM
Updated 03/05/2015, 02:55 AM
© Reuters. The Apple logo is pictured at its flagship retail store in San Francisco

(Reuters) - Apple Inc (O:AAPL) will delay the start of production on a larger, 12.9-inch iPad until around September because of delays involving the supply of display panels, according to two media reports.

Production on the bigger tablet had been scheduled to begin this quarter, Bloomberg reported, citing people familiar with the company's plans.

Apple suppliers have been told to start production of the larger-screen iPad in the second half of this year as the company explores new designs and features for the enterprise market, the Wall Street Journal reported.

Apple is now considering adding USB ports and adopting a faster technology that promises to transfer data up to 10 times faster than current USB ports, the Journal said, citing people familiar with the matter.

The company has also been considering adding ports to connect to a keyboard and mouse, the Journal report said.

While suppliers are gearing up to ship the new 12-inch MacBook Air in large quantities in the second quarter, Apple's launch schedule remains unclear, the newspaper said.

Reuters could not immediately reach Apple for comment outside regular U.S. business hours.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.