Sorry!! The article you are trying to read is not available now.

Apple Kills Plans for iPad 3 in 2011, Says Report

Print comment Post Comments
Despite Apple's regular schedule of annual upgrades for its top two handheld devices, for many, the interim is still far too long. While it would detract from the jubilation that comes with every Apple unveiling if it occurred more often, one just can't resist the excitement of seeing the online Apple Store go down and return with a brand new shiny gadget.

Unfortunately, fans will have to make do with the second-generation iPad for a little while longer. According to Digitimes, Apple has scrapped plans for an iPad 3 release before the end of this year.

Sources tell the site that the supply schedule for the iPad 3 in the second half of the year has been terminated. The original supply volume of 1.5 million to 2 million units in the third quarter and 5 million to 6 million in the fourth have been removed, according to sources from the upstream supply chain.

Manufacturers claim the problem lied in the display for the iPad 3, which was to be a fullscreen Retina Display -- similar to the one found on the iPhone 4. The 9.7-inch panel with a resolution of 2,048 x 1,536 would have been too expensive for Apple to reach a good yield. Additionally, the backlight required to run the display at adequate levels would have negatively affected the much-praised thinness to iPad models, as well as the rich color depth and rigidity of the unit.

Until all the parameters are sorted out, it looks like Apple will have to continue its "one-new-model-per-year" schedule for the time being.

For an investment angle on these and many more tech stocks, take a FREE trial to the TechStrat Report by Sean Udall.
POSITION:  No positions in stocks mentioned.