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Title: Foxconn will reportedly ship 20M iPads this quarter Post by: HCK on September 01, 2011, 11:00:14 pm Foxconn will reportedly ship 20M iPads this quarter
DigiTimes is reporting that Foxconn is set to ship a reported 20 million iPads to Apple this quarter, which ends September 30th. If the report pans out, it would represent 60% sequential growth in shipments. When Apple first unveiled the iPad 2, shipping times quickly rose to as high as 4-5 weeks due to overwhelming demand. It took until August 2nd for iPad 2 shipping times to hit 24 hours in Apple's online store. Apple usually retains a tight control over inventory and if it has ordered 20 million iPads, it's likely Apple thinks it will sell at least 75% of those this quarter, which would be significantly higher than the 9.25 million iPads sold last quarter. Also, a fourth-quarter order of this size suggests optimism for sales during the all-important Q1, Apple's holiday quarter, which runs from October 1 to December 31st.Foxconn will reportedly ship 20M iPads this quarter originally appeared on TUAW - The Unofficial Apple Weblog on Thu, 01 Sep 2011 15:00:00 EST. Please see our terms for use of feeds.Source | Permalink | Email this | Comments http://www.tuaw.com/2011/09/01/foxconn-will-reportedly-ship-20m-ipads-this-quarter/ |