Financial Times FT.com

Apple delays new version of OS X

By Kevin Allison in San Francisco

Published: April 12 2007 23:24 | Last updated: April 12 2007 23:24

Apple, the maker of Macintosh computers and iPod personal music players, on Thursday announced that it would delay shipment of its new “Leopard” operating system until October.

The company had originally planned to ship the latest version of its OS X operating system in June. But it said it had been forced to push back that date in order to make final preparations for the launch of the iPhone, Apple’s long-awaited mobile handset, which is also scheduled to launch in June.

“iPhone contains the most sophisticated software ever shipped on a mobile device, and finishing it on time has not come without a price,” Apple said in a statement. “We had to borrow some key [resources] from our Mac OS X team, and as a result we will not be able to release Leopard…in early June as planned.”

“Life often often presents trade-offs, and in this case we’re sure we’ve made the right ones,” the company added.

Shares of Apple fell 2.7 per cent in after-hours trading following news of the delay. The shares had risen from a low of $50.67 in July last year following several strong quarters of iPod sales.

The shares have continued on their upward path since January on hopes that the company’s long-awaited foray into mobile handsets will provide it with a significant sales boost.

Apple’s decision to push ahead with the iPhone at the expense of its new operating system reflects a realignment of priorities at the company.

Steve Jobs, Apple’s co-founder and chief executive, earlier this year changed the company’s name from Apple Computer to Apple in recognition of its move away from its core computer business into consumer electronics and digital media devices.

Apple said on Thursday that the iPhone had already passed several certification tests.

It said it would make a “near-final version” of the Leopard operating system available to developers attending its annual developers conference in June, with a competed version to follow in October.

More from this sector

SMIC founder steps down as chief executive

Samsung faces import ban over Sharp patents

Oracle rejects EU antitrust claims

IP Group takes 20% stake in Fusion

Blow to Qtrax as Aussie launch is delayed

EA to pay $275m cash for Playfish

Inmarsat’s satellite services plan held back

The growth of online gambling

ACS pushes for patient testing in pharmacies

Google acquires mobile ad network

Midlands looks for respite from recession

Jobs and classifieds

Jobs

Search
Type your search criteria below:

Head of Metals Consulting

Wood Mackenzie

External Affairs Director

The National Trust

IT Advisory Consultants

Fast growing IT Advisory Consulting firm

Major Deals - Sales Executive(s)

ITO Outsourcing Servicces

Recruiters

FT.com can deliver talented individuals across all industries around the world

Post a job now