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Apple hit took a savvy on weekday morning, Feb. 22, dropping over $10 (or nearly 3 percent) by late morning. The reason for the drop was a ordered of rumors that both the iPad 2 and iPhone 5 would be delayed, to June and September, respectively.

The first gossip came via Bloomberg, which cited an shrink inform from Yuanta Securities which expressed that "production bottlenecks" at Apple's manufacturer-of-choice Hon Hai (parent consort of Foxconn) would drive the iPad 2 delay. The inform Yuanta Securities as saying:

“Our checks suggest new issues are existence encountered with the new creation and it is attractive instance to hold them. As a sort of Android 3.0 tablets are existence launched in Apr and May, the retard in iPad 2 shipments may provide the Android camp a short pane of opportunity.”

The iPhone 5 inform came from BI, citing FBR Capital Markets shrink Craig Berger, who said:,

"For the iPhone 5, we move to center that a July start is unlikely, with different casing suppliers and touch suppliers ease ramping up, with whatever defect vendors not having still conventional concern iPhone 5 orders, and with other sockets same the image device (most probable feat to Omnivision exclusively, but with whatever possibleness for Sony to separate that socket) ease in flux. Given these factors, we think a Sept start is more likely, soured from Apple's tralatitious iPhone start schedule, but gift the concern more instance to compound its next-generation instant communications on the phone."

It would seem implausible that Apple would hit creation issues at its Asiatic manufacturers, at small those that it couldn't handle. Later reports from Reuters and The Loop said the rumors of delays were untrue.

That said, Apple hit is ease existence hammered. Other profession stocks seem to be attractive a fighting on Tuesday, as well, at small right now.

Interestingly, there has been no Apple announcement most either the iPad 2 or iPhone 5 yet, so there is in fact no date famous for shipping either device. Dates for both devices hit been assumed supported on Apple's annual change cycles, which would stingy an Apr iPad 2 start and a June iPhone 5 launch.

Via: The Loop, Bloomberg, BI, Reuters