Next model of iPad will not be delayed-source

SAN FRANCISCO Tue Feb 22, 2011 11:37am EST

SAN FRANCISCO Feb 22 (Reuters) - A report that the next version of Apple Inc's (AAPL.O) iPad tablet computer will be delayed is not true, according to a source familiar with the matter.

Taiwanese brokerage Yuanta Securities said in a note that the next model of the iPad would be delayed because of bottlenecks faced by contract manufacturer Hon Hai (2317.T). (Reporting by Gabriel Madway; Editing by Lisa Von Ahn)