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Analyst renews doubt on iPad production numbers

updated 01:55 pm EST, Thu March 4, 2010

No more than 250,000 at present?

Current iPad production levels are indeed low, claims Think Equity's Vijay Rakesh. The analyst cites checks with Taiwanese manufacturers, which suggest "some minor delays" in ramping up production for the tablet. A mere 200,000 to 250,000 iPads per month are said to be possible at the moment, and production may not be able to hit 800,000 to 1 million units a month until at least April. "We believe this is just a minor hiccup in a longer-term entirely new revenue stream and product roadmap for AAPL," says Rakesh.

The new allegation differs significantly from a leak out of Foxconn parts suppliers, insisting that between 600,000 and 700,000 iPads will be ready by the end of March. Those numbers in turn contrast with a claim by Canaccord Adams analyst Peter Misek, saying that just 300,000 tablets might be ready in March. Misek has quoted an "unspecified production problem" as the source of delays.

Rakesh comments that the trouble does not involve flaws in "glass or [the] manufacturing process," as has been argued in some quarters. The Foxconn sources claim that there are no problems whatsoever, though, leaving the matter in dispute. Apple is believed to have until March 26th to build up stock of Wi-Fi-only iPad models.




by MacNN Staff

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Comments

  1. Constable Odo

    Joined: Dec 1969

    +1

    Decent production numbers considering

    all the negative press saying that hardly anyone will be buying the iPad. If that's the case, then what difference does it make if production rates are a bit behind. Since many pundits believe that there is no demand, why should a production slowdown make a difference.

    Just yesterday or the day before there was an article that stated Hon Hai is NOT having any production problems. I would figure Hon Hai/Foxconn would know best since they're the assemblers of the iPad.

  1. ScottG

    Joined: Dec 1969

    +1

    Merck Getting 1000's

    I know that MERCK is to get several thousand of the iPads. Think as if this is a trend of just a few big companies who get them first under direct business option plans with Apple, then the Public will see a 3 - 5 Week Delivery Date from the Apple Store when they go on Order March 15th 12:00pm EDT / 9:00am PDT in 11 Days.

    FYI: Apple Store in DE., got their iPad's Delivered today buy a U-Haul Truck to cover their delivery to the store. We we told 12 of the iPads will be used just for the display floor at the Apple Store. I expect this is happening all over right now using the rental trucks for this kind of delivery. This is what Banks do when they ship Coin Money from one place to another, I've seen Staples Trucks carting boxes marked "Paper" right into and out of the Banks. Plus when was the last time you saw a Staples Delivery Person with a Sidearm?

  1. aristotles

    Joined: Dec 1969

    +1

    Anal-ysts just trying to prove their worth

    They are just trying to given themselves a reason to exist and get paid.

  1. testudo

    Joined: Dec 1969

    -1

    Re: Merck

    And how do you know Merck is getting so many? Or are you spilling inside information.

    And why would anyone buy 1000 of them before starting with a small test set and verifying they meet your needs and have software that does what they need? Or is this how those pharmaceutical companies roll? See some new toy, buy a ton, and then figure out if you can use them.


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