Component supply issues that left Apple unable to produce as many iPad 2 units as it had planned have reportedly eased.
Apple Insider reports that analyst Shaw Wu of Sterne Agee issued a note to investors revising his estimate for the number of iPad 2 units sold by Apple in fiscal Q3 of 2011 from 5.9 million to 6.8 million.
The reason for this, claims Wu, is that Apple component suppliers that were affected by the Japanese earthquake and tsunami in March have successfully relocated production lines at other, overseas plants.
However, Apple will still not reach its goal of selling three to four million iPad 2 units every month, but was getting closer all the time, Wu said.
Shipping times on the Apple Store website for the iPad 2 are still quoted as 1-2 weeks and have been since initial demand and supply issues after the initial launch eased.
Wu also estimated that iPhone sales for the quarter would hit 17 million, up from 16 million and Mac sales would reach 3.9 million this quarter, up from his earlier estimate of 3.83 million.