RBC Analyst: 'Optimal' For Large Screen iPad To Come In The Second Half Of 2015

Apple Inc. AAPL was expected to launch its 12.9-inch iPad in the first quarter of 2015. However, recent reports have emerged highlighting that the production of the new device will be delayed to the second half of the year.

RBC Capital Markets analyst Amit Daryanani was on CNBC to discuss how this production delay will impact Apple.

Panel Is The Problem

"From our understanding, the delay is really around the panel supplies. Seems like it's extremely difficult to manufacture panels of the 12.9, 13-inch scale," Daryanani said. "That seems to be the manufacturing centric delay that these guys are having right now."

He continued, "As a reminder, this product was supposed to be out back in November actually when the iPads were refreshed and at that point they had some delay in the manufacturing side as well. So, it seems like a continuation of those issues. We think it's primarily around panels that's leading to the delay right now."

Won't Hurt The Stock

Daryanani was asked how much this delay is going to hurt Apple. He replied, "At least for the next couple of quarters, probably next few years as goes iPhone so goes Apple's stock. So, I don't think this really hurts Apple that much as a stock. Eventually you do need a larger iPad to jumpstart or revive the iPad product line for them."

"So, in a way I would argue this is almost a better thing because iPhone still has a lot of momentum, a lot of steam ahead of it. As that starts to ease up a little bit towards the end of this year, towards the back end of this year, if you may, it would be optimal for the iPad to come out at that point," Daryanani concluded.