Following Trademark Settlement, Apple (AAPL) Poised to Take iPad to China
Tweet
Share
E-mail
Get Alerts AAPL Hot Sheet
Price: $316.85 --0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
Revenue Growth %: +10.6%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
Revenue Growth %: +10.6%
Join SI Premium – FREE
The iPad is about to see an incredible uptick in sales.
Following recent news that Apple (Nasdaq: AAPL) and Proview settled a trademark dispute over the iPad name, Apple might be set to launch the device sometime this month.
According to Chinese language blog PC Pop, the tentative date for launch of the new iPad in China in July 27th. Expectations have Apple aiming to release a 3G version of the iPad, given recent trouble its had in Australia as well as China's underdeveloped 4G network. In addition, pricing might come in-line with iPad 2 pricing.
So, an announcement might be made within days if Apple is to go ahead with the launch in China. Sales should pop with Apple making better efforts to eradicate the black market and knock-off products from being sold.
Shares of Apple are slightly lower in early trading Friday.
Following recent news that Apple (Nasdaq: AAPL) and Proview settled a trademark dispute over the iPad name, Apple might be set to launch the device sometime this month.
According to Chinese language blog PC Pop, the tentative date for launch of the new iPad in China in July 27th. Expectations have Apple aiming to release a 3G version of the iPad, given recent trouble its had in Australia as well as China's underdeveloped 4G network. In addition, pricing might come in-line with iPad 2 pricing.
So, an announcement might be made within days if Apple is to go ahead with the launch in China. Sales should pop with Apple making better efforts to eradicate the black market and knock-off products from being sold.
Shares of Apple are slightly lower in early trading Friday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Apple alleges defendant in trade secret case against OpenAI accessed power converter circuit schematic while at OpenAI - legal filing
- Goldman Sachs Adjust Monthly US Director's Cut List
- Tim Cook’s final day today: What the $4.67T handoff means for Apple investors
Create E-mail Alert Related Categories
Corporate News, Insiders' Blog, Trader TalkSign 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!
