While revealing to the investors about the upcoming smaller Apple’s iPad, Sterne Agee Shaw Wu gave the following comment,
“It was a ‘question of when, not if’ Apple would release the rumored 7.8 inch iPad. He believes it would make strategic sense for it to expand its tablet family. We don’t sense that the release of an iPad mini is imminent and quite frankly, exact time is difficult to predict. However, we do believe it makes both fundamental and strategic sense for AAPL to address at some point.”
He further added that a smaller iPad would intense the cut-throat competition as an issue of low price of mini iPad is already giving tough time to those mini iPad manufacturers, who already exists in the market. Analyst confirms the arrival of Apple’s Mini iPad sooner or later but he has no clear clue about Mini iPad Release Date. Speculations were doing rounds from some time regarding Apple’s experiment with small screen sizes of mini iPad. This small iPad is going to feature a 1024×768 display.
According to Shaw Wu, it does make sense for Apple to expand its iPad family as Apple has created a niche for itself for creating quality products. Even If Apple Inc. jumps into a competition of mini iPad, it won’t have to struggle much.
Amazon’s Kindle Fire would be Apple’s biggest rival as it did get pretty successful because it was priced at the $ 199 but there were also speculations which suggested that Amazon is incurring loses due to ‘Kindle Fire’s’ low price. If rumors are to be believed then Google to is planning to launch a 7 inch tablet that too under the price of $250.
It seems that a new war of small iPads is on the verge of beginning though there is no clue regarding iPad Mini release date but let’s keep our fingers crossed that Apple will bring its Mini version of iPad soon. For time being let’s wish good luck to Apple who is all set to join the race of small Mini iPads.