Apple Inc said on Thursday it was delaying the release of its new computer operating system, sending its shares down 3 percent.
The company said its eagerly anticipated iPhone was on schedule to ship in late June as planned after passing several of its required certification tests.
But it said delivering the phone on time contributed to the delay of the next version of its OS X operating system, code-named Leopard, until October because the company said it had to divert resources to the iPhone.
“iPhone contains the most sophisticated software ever shipped on a mobile device, and finishing it on time has not come without a price — we had to borrow some key software engineering and … resources,” Apple said in a statement.
Tim Bajarin, an analyst with Creative Strategies in San Jose, California, said the delay in Leopard could slow the pop in sales that normally comes from die-hard Apple computer fans, who will now likely wait to buy new computers.