Apple aims to ship 12-14 million iPad 2s in 3Q11

08 Jul 2011

As the IT market approaches the third quarter, the traditional peak season, Apple is turning more aggressive in placing orders for its iPad 2 and is set to ship 12-14 million units in the quarter, up from 7-9 million units in the second, according to market watchers. In order to significantly increase its shipments in the third quarter, Apple has been piling up its inventory of iPad 2 components such as panels in the second quarter to minimize the risk of facing component shortages. Apple's upstream component suppliers including LG Display, Catcher Technology, TPK Holdings and Radiant Opto-Electronics Corporation are all expected to benefit from the increased orders, according to the market watchers.

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