Apple reduces iPad 2 orders, you just have to love rumors, earlier this month we reported the outrageous numbers the iPad 2 were rumored to ship. Apple’s iPad 2 had a shortage of supply when it was first released, people were thrilled to finally get their hands on one. The number rumored was 20 million orders (closer to 17 million actually) , but now it looks like they counted too soon. According to Bloomberg Apple has back-tracked their fourth quarter forecast by 25%. A 25% reduction might not seem like a large downgrade from the original 20-17 million, Apple and the beloved iPad 2 might not be the tablet overseas. Does this mean that other tablets are making headway? Headway yes, a chance of knocking the iPad 2 off its pedestal, unlikely. According to JPMorgan analysts, Apple is likely to sell 10.9 million iPad units this quarter, and 12 million during the holiday quarter. A lot of this rumor is also related to the price of the iPad 2, it isn’t cheap while other tablets seem to be getting cheaper and cheaper with a deal here and a deal there, while you can’t get the iPad 2 for less than $500.
So it looks like less global demand for the iPad 2, nevertheless Apple represented 68.3 percent of the market in the second quarter of calendar 2011. So what will Apple do about the high costs? A bit of good news, still rumors of course, Apple will launch a lower-priced iPad 2 would be joined by a new, cheaper entry-level iPhone from Apple. As far as the iPad 3, don’t look for that before 2012, realistically there is no reason for Apple to release it yet because the competition is far from catching up…for now.