How did Apple cut the waiting period for an iPad to 24 hours? By cranking up production.

Apple is manufacturing 2 million iPads each month, according to Katy Huberty at Morgan Stanley (via John Paczkowski.)

Huberty says Apple is hoping to ramp that production up to 3 million, which would give Apple a run rate of 36 million iPads annually.

With a wave of Android tablets about to hit the market, Apple wants to make sure people can walk... 

Read More at Silicon Alley Insider: Mobile