Apple Inc. (AAPL) May Launch Larger iPad In 2014

0
Apple Inc. (AAPL) May Launch Larger iPad In 2014

A new report surfaced that Apple Inc. (NASDAQ:AAPL) may launch a larger iPad sometime next year. PadNews (a Chinese news site that specializes in tablet technology reports) claims Foxconn Technology Co., Ltd. (TPE:2354) (OTCMKTS:FXCOF) is testing either 11.4 inch or 12.9 inch diagonal displays. The report also claims Apple Inc. (NASDAQ:AAPL) is targeting a release date of March 2014.

Apple Inc. (AAPL) May Launch Larger iPad In 2014

Apple might release a larger tablet

For the past few months, there have been numerous predictions that Apple Inc. (NASDAQ:AAPL) would release a larger tablet computer in the near future. Earlier last summer, The Wall Street Journal even reported on a larger iPad, adding a sourced claim of Apple Inc. (NASDAQ:AAPL)’s prototype, a new tablet category featuring a display not much smaller than 14 inches diagonally. In September, a Chinese publication reported Apple Inc. (NASDAQ:AAPL)’s collaboration with Quanta Computer for a 12-inch tablet.

Mohnish Pabrai On Value Investing, Missed Opportunities and Autobiographies

Mohnish PabraiIn August, Mohnish Pabrai took part in Brown University's Value Investing Speaker Series, answering a series of questions from students. Q3 2021 hedge fund letters, conferences and more One of the topics he covered was the issue of finding cheap equities, a process the value investor has plenty of experience with. Cheap Stocks In the Read More

Quanta previously worked with Apple for MacBook Air computers and iPods.

Some analysts also hope to see a fancier iPad device. Ben A. Reitzes (analyst for Barclays Capital) thinks a 13-inch tablet with a convertible clamshell is coming. He thinks the 67-bit A7 that was released with the iPhone 5s in hopes of starting the development of 64-bit optimized applications would eventually lead to technology beyond 4GB of RAM.

Apple’s large iPad could boost its revenues

Apple Insider’s Shane Cole elaborated, “A new 13-inch convertible iPad could mean significant revenue increases for Apple Inc. (NASDAQ:AAPL) as well, according to the analysis. Reitzes pegs the product’s average sale price at ‘about $650’ with 35 percent margins, calculating that every 10 million units sold would add approximately $2 to Apple Inc. (NASDAQ:AAPL)’s earnings per share. Apple Inc. (NASDAQ:AAPL) sold 14.6 million iPads and 3.8 million Macs during the third quarter of 2013.”

Apple Inc. (NASDAQ:AAPL) is constantly making progress with their devices and technology. The iPhone 5s is an exciting device with fingerprint technology and sleek modern construction. The upcoming iPad Mini second generation features a Retina display. Given Apple Inc. (NASDAQ:AAPL)’s history, it wouldn’t be surprising if a larger iPad tablet was in the works. Time will tell if this rumor turns out to be true.

Updated on

No posts to display