“European companies, including at least one Swiss multinational, are being forced to delay a move to paperless board meetings because of the shortage of Apple’s recently launched iPad 2 tablet device,” Paul Taylor reports for the Financial Times.
“Company secretaries in Europe and elsewhere quickly embraced the original iPad and a specialised iPad app called Boardbooks from Diligent, a New Zealand-based software developer, as a money and time-saving alternative to sending out bulky packages of board papers to directors each month,” Taylor reports. “Many companies, however, had been waiting for the upgraded iPad 2, which became available in Europe on March 25 in limited quantities, before making the switch.”
Taylor reports, “Now, with Apple restricting the purchase of iPad 2 devices to two per customer because of component and product shortages, some companies have had to put their iPad plans on hold.”
Read more in the full article here.