“Despite concern this week that Apple could be cutting production of the iPad 2, one analyst has said that Apple’s build plans for its touchscreen tablets remain ahead of investor expectations,” Neil Hughes reports for AppleInsider.
“Checks with distributors have indicated that Apple is experiencing strong demand for the iPad 2, analyst Shaw Wu with Sterne Agee said in a note to investors on Tuesday. He expects Apple to ship a total of 27 million iPad units in the second half of calendar 2011,” Hughes reports. “If that number holds, it would be ahead of Wall Street’s consensus of between 24 million and 26 million. Wu sees Apple selling 12 million iPads in the September quarter, and another 15 million in the December quarter.”
MacDailyNews Note: Apple will report iPad numbers and much more in their Q411 earnings release after market close on October 18th.
Hughes reports, “Some of the production changes may be affected by the fact that Apple’s manufacturing partner, Foxconn, plans to assemble iPad units in Brazil by the end of this year. The $12 billion facility is reportedly ready to go and the first iPads built there are expected to reach the market by December.”
Read more in the full article here.