Next model of iPad will not be delayed: source

SAN FRANCISCO Tue Feb 22, 2011 11:41am EST

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SAN FRANCISCO (Reuters) - A report that the next version of Apple Inc's 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.

(Reporting by Gabriel Madway; Editing by Lisa Von Ahn)