Apple Producing 2 Million iPads per Month

Apple is ramping up  production of the iPad to meet demand, but Apple continues to increase production.  Morgan Stanley analyst Katy Huberty says Apple has doubled its monthly production of  the iPad  to two million.  And while that’s likely the reason we saw iPad shipping times fall from three to five days to within 24 hours of purchase, the company evidently wants to have still more product on hand.   Says Huberty, “Apple recently indicated to its suppliers a desire to move to 3 million per month in C4Q10. This implies a run rate of 36 million in CY11, close to the current 40 million supply chain forecast.”

Source:  MacRumors