A Thursday report from industry trade publication DigiTimes suggests that demand for Apple’s iPad 2 is continuing to escalate. The Taiwan-based newspaper noted that contract manufacturer Foxconn Electronics is expected to deliver 20 million iPad 2s to Apple during the third quarter.
Foxconn is the largest exporter of consumer electronics in the Greater China area. A number of gadget vendors based in North America and Europe outsource their manufacturing to the Taiwan-based company, including Apple, with the iPhone and the iPad the best-known products that Foxconn produces.
The DigiTimes estimate of 20 million iPad 2s is a 60 percent increase from the prior three months. Still, given the supply shortages that struck Japan early this year, Apple may simply be taking the precaution of stocking up well in advance of this year’s holiday shopping season.
“We are modeling for second-half calendar-year 2011 iPad unit [shipments] of 22 million — up 91 percent year over year from 11.5 million in the second half of calendar year 2010,” Piper Jaffray analyst Andrew Murphy wrote Thursday in an email. More… »