iSuppli is now projecting that Apple will move 120 million iPad units through the end of 2012. The estimates specifically peg 13.8 million units sold for 2010, 43.7 million units in 2011, and 63.3 million units in 2012.
“In its previous iPad forecasts, iSuppli noted that the only constraint on shipment growth now is production – and not demand,” said Rhoda Alexander, director of monitor research for iSuppli. “The only factor limiting production is the availability of key iPad components, such as the Field Fringe Switching (FFS) LCD panels, projected capacitive touch screens and NAND flash. Despite ongoing yield issues, Apple’s suppliers have steadily increased monthly production to meet Apple’s demand. Production rates are now on target to meet the expected strong fourth-quarter sales.”
The report claims the reason for such high numbers is two fold. That is, Apple has relieved it’s supply constraints and rapidly expanded it retail outlet partnerships.
Of course, Apple announced on Monday that they had sold 4.19 million iPads in the fourth fiscal quarter of 2010. Plus Apple sold 3.27 million iPads in the previous quarter.
Chart courtesy of iSuppli.
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