Apple Aiming To Build 3 Million iPads Per Month

Apple Inc. (NASDAQ:AAPL) is ramping up production to meet the demand of the iPad device. Currently they are running at about 2 million iPads per month. They plan to hit 3 million iPads per month soon enough. “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,” stated Morgan Stanley analyst Katy Huberty. [AllThingsD]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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