It appears that supply has finally caught up to demand for the iPad 2 tablet, with news emerging from Bloomberg that Apple has lowered the number of iPad 2 units that are shipped from overseas by 25%. The affected manufacturers include Hon Hai Precision Industry Co. and JPMorgan Chase & Co.
This is the first time that Apple has declined the number of iPad 2 units shipped to stores, which is indicative of how demand for the tablet is slowly dwindling. It also means that a discounted price could be put into place in the near future. Mark Moskowitz for J.P. Morgan believes that 10.9 million to 12 million units of iPad shipments will still take place in the third and fourth quarters, even after the supply chain adjustments.