Will Apple Inc. (NASDAQ:AAPL) next iPad Mini have a Retina display? This week it was reported that it would indeed have a Retina display and that Samsung would be the one making that display. The only problem is that there have been conflicting reports about whether the device will feature a Retina display in the next refresh. If it does, Goldman Sachs analysts see that as “an encouraging development.”
Reports regarding Apple’s next iPad Mini conflict
This latest report indicates that Apple Inc. (NASDAQ:AAPL) is working on an iPad Mini with a Retina display from Samsung. This particular rumor is interesting because previously the company had been sourcing its high resolution displays from Sharp and LG. Apple was said to be adding Samsung because it didn’t want to deal with a potential bottleneck in its supply chain.
Valuewalk’s January 2021 Hedge Fund Update: First Issue Now Published!
Welcome to our inaugural issue of ValueWalk's hedge fund update. Below subscribers can find an excerpt in text and the full issue in PDF format. Please send us your feedback! Featuring Bill Ackman's comeback, a look at Alta Fox Capital, Prentice Capital having a strong year, Canyon Partners profiting on Covid crisis refinancings, and Odey's Read More
The report also provided other rumored details about the next Apple Inc. (NASDAQ:AAPL)’s iPad Mini. It claims that the device will still be 7.2 millimeters thick, like the previous model, and have a 7.9-inch screen.
Goldman Sachs encouraged by the report
In a report issued to investors this week, Goldman Sachs analysts Bill Shope, Elizabeth Borbolla, Cristina Colon and Justin Price provided their take on this week’s report from The Wall Street Journal. They note that there are indeed conflicting reports about whether Apple Inc. (NASDAQ:AAPL) will incorporate a Retina display in its next iPad Mini.
Of course at this point it’s just impossible to determine which report is correct, although analysts at many firms suspect that a Retina display is a logical addition to the next refresh of the device. Analysts at KGI Securities even said there could be two new iPad Minis—one with a Retina display and a less expensive one without.
Analysts at Goldman Sachs say alternative mini tablets which compete directly with the iPad Mini continue to increase their hardware specs, putting them ahead of Apple Inc. (NASDAQ:AAPL). As such, they believe that a Retina display would be especially encouraging.