iPad 3 On The Way?

iPad 3 On The Way?

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According to reports to hit the internet it seems that the Apple iPad 3 could actually be going into production before the end of this year. This news comes from Jeffrey Fidacaro who is an analyst over at Susquehanna Financial Group.

According to his report, manufacturers have been ordered to start manufacturing one million iPads in the fourth quarter of this year. This news comes from a number of analysts who are trying to predict what the iPhone 4S means for the future of Apple as a company and where they stand fiscally for the company�s last two quarters including this one.

Fidacaro in his report references his colleague�s report on the iPad where other analysts are questioning the current increase in iPad production:

We believe AAPL pulled production forward to ensure sufficient availability of iPad during the holidays, and such a move is consistent with a production decline in advance of the new model launch (we believe iPad 3 starts production in 4Q, as noted below). Thus, we believe that recent competitor reports, which only noted the 4Q production volumes two weeks ago, were misinformed. iPad 3 appears on the forecast for 4Q production start. Our checks indicate that iPad 3 has now shown up on AAPL�s production forecast for a late-4Q production start. We believe 0.6 mln-1 mln units are forecasted for 4Q production.

This is great news if it is correct and hopefully the iPad 3 will pave the way for the new iPhone 5. BGR is also speculating that there will be an announcement for a new iPad mini which will be less expensive and will compete with the new Kindle Fire. We do hope that Apple will continue to provide some great devices and if their iPhone 4S sales are anything to go by there really is more to come.

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iPad 3 On The Way?