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ISuppli Cuts IPad Shipment Forecast After Production Shortfall

IHS ISuppli cut its forecast for iPad shipments this year by 9 percent after Apple Inc. failed to meet demand in the first quarter.

The electronics maker will probably ship 39.7 million iPad tablet computers this year, according to ISuppli, which made an estimate of 43.7 million in February. A shortfall in iPad 2 production during the first three months of 2011 prompted the cut, the El Segundo, California-based research company said today in a statement.