Apple Store“Apple’s iPhone is coming — but at a price,” Priya Ganapati reports for TheStreet.com.

“Its much-anticipated music player/handheld device will ship in late June as planned, but the company’s Leopard operating system, a rival to Microsoft’s Vista operating system upgrade, will be delayed, according to Apple,” Ganapati reports. “The Cupertino, Calif.,-based company has had to divert engineering resources to the iPhone and as a result will push the release of Leopard back by at least three months to October, it said in a statement.”

Ganapati reports, “Shares of Apple were recently off $2.45, or 2.7%, to $89.74 in extended trading. During the past week, several sell-side analysts had expected a June release of Leopard to reaccelerate growth.”

Full article here.
Some investors might consider this a nice opportunity.

Related article:
Apple delays Mac OS X Leopard until October 2007, blames iPhone – April 12, 2007