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Near-term production for Google's (NASDAQ:GOOG) Nexus 7 tablet could be above 3M. That is, if a...

Aug. 03, 2012 2:36 PM ETAlphabet Inc. (GOOG) StockAAPL, GOOG, AMZN, NVDABy: Eric Jhonsa, SA News Editor
Near-term production for Google's (NASDAQ:GOOG) Nexus 7 tablet could be above 3M. That is, if a Digitimes report claiming Nvidia (NASDAQ:NVDA) has received orders for at least 3M Tegra 3 processors for use in the Nexus 7 is accurate. Early demand for the 7 appears to be strong: the 16GB model was out of stock for a week. Amazon (NASDAQ:AMZN) may have more to worry about than Apple (NASDAQ:AAPL), which just reported 17M June quarter iPad shipments, particularly with an iPad Mini likely on the way.

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