iPAD3 PRODUCTION RAMPING UP

According to Jeffery Fidacaro of Susquahanna Financial Group, Apple has ordered up to 1 million iPad3s for the fourth calendar quarter. Christopher Caso, also of Susquahanna, says "Our checks indicate that iPad 3 has now shown up on AAPL’s production forecast for a late-4Q production start." The iPad3 is expected to begin rolling out the second quarter of next year, which is in line with previous iPad launches

It is unknown at this time if this is truely the iPad3 or the heavily rumored mini-iPad. Last week, Ticonderoga Securities analyst Brian White said that Apple will unveil a new entry-level “iPad mini” in the first quarter of 2012. The new tablet will not necessarily be an iPad with a smaller form factor, White’s checks found, but rather a lower price tag likely in the mid to high-$200 range.