Apple is currently producing about 1 to 1.5 million iPads per month, with the potential to make far more, says Sterne Agee's Vijay Rakesh. The information is said to come from checks with the company's supply chain, which hint that by some point in the September quarter, Apple could escalate production to approximately 2.5 million units a month. Earlier manufacturing problems that have caused wide supply shortages have been fixed, says Rakesh, though memory is believed to be a "constraint."