* Any delay should not affect full year sales- analyst
* Apple shares fall 2.4 percent on Nasdaq
(Adds analyst comment, share price, New York dateline)
TAIPEI/NEW YORK Feb 22 Apple Inc (AAPL.O)
shares fell 2.4 percent after a brokerage firm said the next
version of its iPad tablet computer will be delayed as maker
Hon Hai (2317.T) faces production bottlenecks due to the
device's new design.
Taiwanese brokerage Yuanta Securities said in a note the
next version of iPad would come out two months later than last
the the first version, which launched in April last year.
"Our checks suggest new issues are being encountered with
the new production process and it is taking time to resolve
them," Yuanta's head of downstream tech equities, Vincent Chen,
wrote in the note on Tuesday.
According to the note, component makers had to change their
production processes after Apple made design changes to the
iPad2 before the Lunar New Year at the beginning of February.
Hon Hai declined to comment on the note. Apple was not
immediately available for comment.
The note said if the launch of the iPad2 is delayed by two
months, total iPad shipments would be 23 million units this
year, down from the broker's original forecast of 30.6 million
Morgan Keegan analyst Tavis McCourt said investors were
overreacting to Yuanta's note, adding that even if a late
launch hurts second quarter sales, he is not changing his
expectation for full year sales of 27 million iPads.
"My guess is if it is delayed it is because they're getting
new features in there so it could be worth a two month delay,"
Manufacturing sources have previously said the new model
would have cameras on the front and and back of the device and
would be slimmer, lighter and have a better resolution display
than the first iPad. [ID:nTOE6B904M].
Apple shares were down 2.4 percent, or $8.45, at $342.11.
(Reporting by Clare Jim and Roger Tung; Editing by Jonathan
Standing and Derek Caney)