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Apple: Mac, iPod Orders Solid; iPad Production to Ramp This Year

Posted By johnson383 on Mar 25, 2010   FROM: theapplecentre.com report abuse

 Mac, iPod Orders Solid

Don’t worry: supplies of Apple’s (AAPL) iPad are going to rise steadily throughout this year after possible initial supply constraints, writes Barclay’s Capital analyst Ben Reitzes in a note to clients today. Reitzes reiterated an “Overweight” rating on Apple stock and a price target of $285.Reitzes sees Apple selling 5 million iPads in calendar 2010, including 1.2 million in the June quarter, the first quarter the iPad will be shipping. (It arrives in stores April 3rd.) His recent tour of Asia also suggests the company is seeing “solid order trends” for Macs and iPod Touch units..!

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