“Analyst Gene Munster with Piper Jaffray said in a note to investors on Friday that he believes demand for the iPad 2 will continue to outstrip supply into the June 2011 quarter,” Neil Hughes reports for AppleInsider.
“He said the recent earthquake and tsunami in Japan will play a part in limited supplies, but not one as great as was originally feared,” Munster wrote. ‘”‘Apple recently reduced US iPad 2 lead times, which suggests the situation in Japan has not meaningfully impacted iPad 2 supply. We believe the most critical suppliers are back up and running following the earthquake and the impact to supply will be modest.’
Hughes reports, “Munster said that both iPad 2 and iPhone 4 supply could be impacted with delays of one to two weeks.”
Read more in the full article here.
[Thanks to MacDailyNews Readers “Brawndo Drinker” and “Lynn W.” for the heads up.]
Piper analyst Gene Munster: Don’t expect long lines for iPad 2 – March 8, 2011