Market Currents
As rumors swirl (I, II, III) about the arrival of an "iPad Mini" with a 7.85-inch display, 52%...
-
Friday, May 4, 2012, 4:47 PM ETAs rumors swirl (I, II, III) about the arrival of an "iPad Mini" with a 7.85-inch display, 52% of respondents to a PriceGrabber survey say they'd buy a 7" iPad (AAPL) selling for $249-$300. Moreover, only 22% of respondents currently own a tablet. Of course, the 9.7" iPads are more than holding their own right now.
Other date
TECH ETFs IN FOCUS
Latest Tech Articles
This news story has 16 comments:
(1) Steve Jobs once said that he doesn't know how to make a 7" tablet that is not a piece of crap. Although he's dead, his voices will still live on on the Apple Campus.
(2) With the iPad 2 lowered to $400, it's now a serious competitor to the Kindle. $250 for a device that does little more than reading book, or $400 for a device that can do everything (and barring the screen, still set the gold standard for the industry).
(3) Regardless of Apple's scale, they cannot bring the price down to $300 and still earn a decent profit. Apple is a hardware company, it earns next to nothing through its iTunes store (relatively speaking of course).
(4) Apple positions itself as a premium brand. It doesn't want to compete on price. $150 extra for a better device, of a better brand name isn't that much to charge. Once you start perceiving Apple as a "cheap" brand, Apple got a problem.
(5) It causes segmentation. Developers will have to support 5 different screensizes (iPhone, iPhone Retina, iPad, iPad Retina, plus iPad 7"). Apple is against that from the very beginning.
Apple doesn't have a problem with the 10" tablet market, it has ~70% market share (and 90% profit share???). And it's a new industry with huge growth ahead. I don't expect a smaller iPad, at all.
I could be off my rocker, I am very new to this stuff.
7 and 8 inch display
Retina Display
12MP Camera
Optical Zoom
2GB Storage (and a free 6 GB cloud storage)
4G LTE on every model
Price: $300 / 350
the iPad Cloud
Sacrifice storage space in exchange for better optics, price it basically the same and don't say it's an inferior tablet, just a completely different one. If you want a tablet as a second computer and storage device, get an ipad classic, if you want a device that you can adventure with, take beautiful pictures and videos that instantly go to the cloud, facebook, twitter, and your blog get the ipad cloud. They won't do it, but they should, Apple starts trends, they shouldn't follow them.