Apple (AAPL) to Maximize Display on Smaller iPad; Could Price Below $300
Tweet Send to a Friend
Get Alerts AAPL Hot Sheet
Price: $427.84 -0.91%
Overall Analyst Rating:
BUY (= Flat)
Dividend Yield: 2.7%
Revenue Growth %: +11.2%
Overall Analyst Rating:
BUY (= Flat)
Dividend Yield: 2.7%
Revenue Growth %: +11.2%
Trade AAPL Now!
Apple (Nasdaq: AAPL) is doing well Monday amid blockbuster iPad pre-order sales reported following the launch of its latest tablet.
In addition, new data is emerging today about the rumored smaller version of its iPad. The tiny-Pad should measure about 7.85-inches diagonal, reports have said. In keeping with maximizing the user experience, Apple is also said to be working on a smaller-bezel to enhance the viewing are of the new device.
According to Digitimes, Apple may not include its Retina Display technology with the new iPad, but the 7.85-inch model is likely to use "IPS/FFS panels from LG Display (NYSE: LPL) and probably AU Optronics (NYSE: AUO)."
Pricing on the devices will be sub-$300, with Digitimes offering a price range of $249 to $299 for the device. Pricing in that range would make the mini-Pad a stronger competitor to Amazon's (Nasdaq: AMZN) Kindle Fire as well as Barnes & Noble's (NYSE: BKS) NOOK Color.
Shares of Apple are up about 1 percent in afternoon trading.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
In addition, new data is emerging today about the rumored smaller version of its iPad. The tiny-Pad should measure about 7.85-inches diagonal, reports have said. In keeping with maximizing the user experience, Apple is also said to be working on a smaller-bezel to enhance the viewing are of the new device.
According to Digitimes, Apple may not include its Retina Display technology with the new iPad, but the 7.85-inch model is likely to use "IPS/FFS panels from LG Display (NYSE: LPL) and probably AU Optronics (NYSE: AUO)."
Pricing on the devices will be sub-$300, with Digitimes offering a price range of $249 to $299 for the device. Pricing in that range would make the mini-Pad a stronger competitor to Amazon's (Nasdaq: AMZN) Kindle Fire as well as Barnes & Noble's (NYSE: BKS) NOOK Color.
Shares of Apple are up about 1 percent in afternoon trading.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Tesla (TSLA) Ramps Higher (GM)
- Oil Filter Causes Boeing (BA) 787 Flight Diversion, Early Landing (UAL)
- No Split for Alcatel (ALU) as CEO Combes Looks to 'Slim-Down' Operations
Create E-mail Alert Related Categories
Insiders' BlogRelated Entities
Kindle
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
