The iPad supply is finally catching up to the pent-up deman with shipping delays shrinking from 5-to-7 business days to 3-to-5 business days, reports “Fortune” (http://macosg.me/2/qf). That’s the prognosis of Susquehanna Financial analyst Jeff Fidacaro, who noted the “shrinkage” in a note to clients Wednesday.
“iPad demand remains strong with production ramping above expectations,” he writes. Fidacaro has revised his iPad build forecast for Apple’s fourth fiscal quarter from six million to seven million units. His fourth quarter iPad shipment estimate now stands at 4.75 million units, a 45% increase from the third quarter.