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Apple Cancels iPad 2 HD Launch, Plans Earlier iPad 3 Release?

Apple Cancels iPad 2 HD Launch, Plans Earlier iPad 3 Release?

Posted September 28, 2011 at 8:54pm by iClarified
Apple has reportedly cancelled the launch of the iPad 2 HD which resulted in 1,000,000 units that needed to be retooled, according to Peter Misek of Jefferies & Co.

Barrons reports that Mistek confirmed the scaleback on iPad orders first mentioned by JPMorgan, "We have confirmed the iPad 2 build plans have been scaled back," and cut estimates for Q4 to 12 million units from 13.6 million units.

Notably, Mistek predicts an earlier than expect launch of the iPad 3 in late January.


1) iPad 2 HD was canceled (~1M units retooled); 2) Sooner-than- expected iPad 3 launch in late Jan; 3) Retail inventory caution due to potential demand slowdown; 4) Some production shift to Brazil. We see 29M iPads shipped in H2 vs. 14M in H1. We trim our 2011 global tablet forecast from 70M to 65M.

Read More [via Kyle]


Apple Cancels iPad 2 HD Launch, Plans Earlier iPad 3 Release?
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Comments (3)
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Jomamma
Jomamma - September 30, 2011 at 11:26am
I don't think nive is a word.
Quarkist
Quarkist - September 29, 2011 at 5:47am
Some rumors are totally illogical and nive. Why would apple launch another ipad just in few months after its latest and greatest ipad 2. iPad 2 is doing extremely good. It would be a insane business decision to launch early iPad 2+++....stop these bullposts please...
Mohamed Elhamdi
Mohamed Elhamdi - September 29, 2011 at 5:44am
Good news, thanks
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