logo
  Join        Login             Stock Quote

Apple (AAPL) 'Ipad Mini' Launch Likely on October 23

 October 12, 2012 11:32 AM
 


(By Balachander) Apple Inc. (NASDAQ:AAPL) is likely to unwrap its "iPad mini" at a special event on October 23, according to AllThingsD.

Rumors about the smaller version of  the iPad have gained intensity in recent weeks with the launch of Apple's iPhone 5 last month.

Earlier this month, the Wall Street Journal reported that Apple has started building a smaller iPad with a 7.85-inch LCD display with a possible launch this quarter.

"If the rumor is true, and if Apple follows its usual scheduling protocol, that would suggest a special event to unveil the product on Wednesday, Oct. 17, with a launch day of Friday Nov. 2 -- plenty of time to capture holiday sales," according to a report from Fortune last week.

[Related -Skyworks Solutions Inc (SWKS): A Potential Analog Acquisition Could Offer Multiple Expansion]

Once launched, the so-called iPad mini will mark Apple's second high-profile product unveiling in recent months.

"People familiar with Apple's plans tell us that the company will unveil the so-called 'iPad mini' on October 23 at an invitation-only event," AllThingsD reported.
 
Another report last week from the WSJ, citing sources, said some of Apple's Asian component suppliers have received orders to make more than 10 million units of the smaller tablets for the fourth quarter. These suppliers were quoted as saying the orders received were twice the number that were placed for Amazon's Kindle Fire tablets in the same quarter,
 
Wall Street analysts expect strong demand for the Apple's new device, pointing to the popularity of Samsung's 5.3-inch Galaxy Note, Amazon's 7-inch Kindle Fire and Google's Nexus 7.

[Related -Will Apple Inc. (AAPL) Join Hands With Tesla Motors Inc (TSLA)?]

The world's most valuable technology company unveiled the iPhone 5, the thinnest and lightest smartphone ever, as well as one of the most keenly awaited technology products of 2012.
 
Apple sold more than 5 million devices in the first three days following its Sept. 21 launch.

Meanwhile, Apple has officially signed a license agreement with Swiss Federal Railways for the use of the SBB station clock on devices like iPad and iPhone.

iOnTheMarket Premium
Advertisement

Advertisement


Post Comment -- Login is required to post message
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
 

rss feed

Latest Stories

article imageBuffett's Market Indicator Flashes Red, Prepare To Sell

With each passing month, it's becoming evident that the current bull market has slowed from a gallop to a read on...

article imagePBoC joins other major central banks with unconventional monetary policy action

Softer than expected economic growth in China (see discussion) has finally spurred the PBoC into action. read on...

article imageA Buyback Boost?

Are stock buybacks the only thing keeping this bull market read on...

article imageGold Slides On Perfect Storm For Dollar

For all the anticipation surrounding the delivery of the Fed’s statement in the run-up to the September read on...

Advertisement
Popular Articles

Advertisement
Daily Sector Scan
Partner Center



Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.