In a note to clients — as reported by “AppleInsider” (http://www.appleinsider.com) — Sterne Agree analyst Shaw Wu says demand for the new iPad remains strong, but production of the device has reportedly been limited by supply of Retina displays, as well as new practices at Foxconn that has resulted in employee hours being cut. Foxconn is the China facility that manufactures iPads and iPhones.
Wu thinks the situation to improve over the coming quarters with more production lines and suppliers being added. Samsung is currently believed to be the primary supplier of Retina displays for the new iPad, notes “AppleInsider.”