Apple tablet 'to launch' in spring 2010

Analyst: "Manufacturing cogs for tablet are creaking into action"
Publish date:
Social count:
Analyst: "Manufacturing cogs for tablet are creaking into action"

Apple is preparing to launch its long-awaited tablet in late March or April, with manufacturing partners preparing to produce as many as one million units a month, a research note from a financial advisory firm suggests.

According to Reuters, the note from Yair Reiner, an analyst for Oppenheimer & Co, said: "Our checks into Apple's supply chain indicate that the manufacturing cogs for the tablet are creaking into action and should begin to hit a mass market stride in February.”

"The February ramp schedule suggests a late March or April commercial release, since Apple will need to build at least 5-6 weeks of inventory before going live."

Reiner added that the tablet will have a 10.1-inch multi-touch LCD screen, similar to the iPhone’s. Apple has apparently approached book publishers to distribute their content for the device, offering them a revenue cut of 70 per cent.

According to Reiner’s calculations, the tablet could boost Apple's earnings per share by $0.25 to $0.38 per quarter. This figure is based on the assumption of the firm selling between one million and 1.5 million units each quarter at an average price of $1,000 – a corporate average net income margin of 22 per cent.

Apple has not officially announced the tablet.



Apple launches iPad

Steve Jobs confirms mass speculation by announcing tablet style device, and reveals the firm is moving into chip manufacturing