Apple's (AAPL) iPad 2 At Risk from Japan Crisis

According to market tracker IHS iSuppli, Apple's (NASDAQ:AAPL) new iPad 2 tablet could be at risk from the earthquake in Japan, saying it "may cause logistical disruptions and supply shortages."

ISuppli noted that Apple uses Japanese companies to supply a hard-to-replace electronic compass, battery and possibly advanced-technology glass in the new iPad.

With things expected to get worse before they get better, this could be a blow to Apple, especially if competitors to same the same risk.

One temporary positive is Apple already had its initial launch of the iPad, and we're entering a slower retail period. That could help limit the damage, depending on the length and depth of the problem.

It does generate questions as to assertions by other tech companies with exposure to Japan who have said they don't foresee any disruptions in supply. Intel (NASDAQ:INTC) and Qualcomm (NASDAQ:QCOM) come to mind.

Apple closed Thursday at $334.64, gaining $4.63, or 1.40 percent.