How did Apple cut the waiting period for an iPad to 24 hours? By cranking up production.
Apple is manufacturing 2 million iPads each month, according to Katy Huberty at Morgan Stanley (via John Paczkowski.)
Huberty says Apple is hoping to ramp that production up to 3 million, which would give Apple a run rate of 36 million iPads annually.
With a wave of Android tablets about to hit the market, Apple wants to make sure people can walk into an Apple store looking for an iPad and walk out purchase in hand.
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