"We sold every iPad 2 that we could make in the quarter," Apple's CFO Peter Oppenheimer said on the company's earnings call Wednesday.
During the question-and-answer portion of the call, Apple COO Tim Cook delved a bit deeper into the situation. The company is facing staggering demand from consumers for the iPad 2 and is heavily backlogged, he said.
The company is below its channel inventory target range, but Cook does not attribute iPad supply issues to the Japan tsunami, and is not predicting any material supply or cost impact during fiscal quarter three. However, he did say that the situation is uncertain.
So, why was Apple unable to meet demand for iPads during the quarter? The company said complications with planning and product transitions had something to do with the matter, but did not disclose specific reasons.
The company is, however, asserting its ability to produce large quantities of iPads for the quarter ahead, although it cannot promise to meet demand. "I'm confident that we're going to produce a very large amount for the quarter," Cook said.