Apple To Manufacture More Than 15 Million 3G iPhones By End Of Year
Apple Inc. (NASDAQ:AAPL) has decided to up the production number of 3G iPhones in the third and fourth quarter to a number that is “significantly higher” than 15 million units.Â This report comes from FBR Capital Markets analyst, Craig Berger.
Apple also plans to manufacture an additional 2 million more 2G iPhones to meet the demands of their consumers.
“With about seven million incremental units being built in [the third quarter] versus [the second quarter], this data clearly has positive implications for iPhone chip suppliers,” stated Berger.Â ‘[Second quarter] build volumes fell by 25 percent versus prior checks in mid-May (now up only 80 percent quarter-over-quater) as Apple pushes production out a bit into [the third quarter].”
The increase in units will cause suppliers, Broadcom and Marvell to ramp up production.Â The increase for Macs have shot up too.Â Apple’s orders to it’s Taiwanese manufacturing facilities for Macs have increased by 10-20%.
“Greater Classic and Nano builds are partially offset by fewer Touch builds,” added Berger. “[Second quarter] build volumes remain largely unchanged, growing 35 percent quarter-over-quarter.”
Hopefully on July 11th everyone standing in line gets a 3G.
[Source: AppleInsider]This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry