The iPhone 5 has come under a lot of scrutiny lately, with both analysts and Apple suppliers claiming that they’ve seen disappointing demand for the device, but now it seems that demand for the iPad mini may be falling as well. Bloomberg reports that iPad mini manufacturer Pegatron is projecting that its second-quarter revenue “will drop 25% to 30% from the previous three months,” which marks the biggest drop since “a 37% decline in the fourth quarter of 2011.” Pegatron CEO Jason Cheng said that falling demand for Apple’s smaller tablet was a significant part of the plunge in revenues, while adding that it’s “not just tablets, also e-books and games consoles, almost every item is moving in a negative direction.” Bloomberg says that the iPad mini accounts than more than 50% of Pegatron’s revenue. More →
When Apple unveiled the iPad in 2010, smartphone vendors were caught off guard and they rushed to launch similar tablets to take advantage of the new market that had been created. Their early efforts were absolutely awful, however. Android slates have gotten much, much better since those early days and now Android vendors’ combined tablet market share looks ready to pass Apple’s share. The Cupertino, Calif.-based company isn’t done setting trends though, and its iPad mini is the latest device Android vendors will look to base their new models on moving forward. More →
Reviewers loved the iPad mini and every indication suggests the smaller Apple slate is selling to consumers quite well. The one item that seems to be on everyone’s wish list, however, is a Retina display. Coming from Apple devices like the full-size iPad and the iPhone 5, the iPad mini’s pixel-starved screen can be painful to use at times, but that will change later this year when Apple launches the second-generation iPad mini with an updated Retina display. According to CNET, NPD DisplaySearch analyst Richard Shim says LG Display will begin mass production of the new iPad mini’s 2,048 x 1,536-pixel Retina display in either June or July ahead of a release this fall. Buying the new iPad mini this fall might be a bad idea though, since Shim believes an upgraded third-generation model will launch just a few months later in Q1 2014.
Apple is widely expected to launch an updated version of its iPad mini tablet later this year with a new Retina display, but consumers waiting for the refreshed tablet might want to skip the second-generation model and wait a bit longer. NPD DisplaySearch analyst Richard Shim on Sunday told CNET that Apple’s next-generation iPad mini tablet with a Retina display is on track for a third-quarter launch this year. But just as Apple’s third- and fourth-generation full-size iPad launches were surprisingly close to one another, Apple reportedly already has plans to launch another new iPad mini in the first-quarter next year with a faster processor. More →
That chomping sound you hear is the iPad mini eating into the sales of its older sibling. Unnamed sources have told Digitimes that Apple shipped 12.5 million iPad minis last quarter that accounted for roughly 64% of all iPads shipped. The reported iPad mini shipment numbers would give Apple’s 8-inch tablet a significant edge over the rival Google Nexus 7 tablet, which Digitimes‘ sources say has totalled around 4.5 million units shipped since its launch last summer. Earlier rumors have indicated that Apple might be working on two newer versions of the iPad mini for fall release: A more expensive version with a full Retina display and a cheaper version that could be priced competitively with the Nexus 7 and the Amazon Kindle Fire HD.
One of the big knocks on Apple’s iPad mini is that it’s priced significantly higher than rival tablets such as the Google Nexus 7 and the Amazon Kindle Fire HD. MacRumors points us to a new research note from KGI Securities analyst Ming-Chi Kuo claiming that Apple has apparently taken this criticism to heart and is now working to produce a cheaper version of the iPad mini that will cost between $200 and $250 when it releases. In particular, Kuo writes that “to cut costs, Apple might push for lower component prices, use a more advanced process to produce the A5 processor, simplify metal casing production, remove the rear camera, cut storage to 8GB and find more component suppliers to lower costs.” From the sound of things, it seems that Apple is taking a similar approach to producing a cheaper iPad mini that it’s taken with producing a cheaper iPhone by trying to figure out how to create a product at a lower cost that doesn’t sacrifice quality.
A new report from Citigroup Global Securities confirms that Apple is planning to release both its next-generation iPhone and its long rumored low-cost iPhone in early September, China Times reported. The firm also claims that Apple is planning to launch a TD-SCDMA version of both devices for China Mobile in late September or early October. As for a new full-sized iPad and iPad mini, Citigroup expects both slates to also debut in September or October. The latest rumors suggest that the iPhone 5S will be equipped with a faster A7 processor, a 12-megapixel camera and a revamped version of iOS.
Apple reinvigorated the media tablet market when it launched the iPad in 2010, and it created a multi-billion dollar industry that most consumer electronics companies are still scrambling to grab a piece of. As rivals toyed with various tablet sizes in an effort to put some space between their offerings and the iPad, Apple once again managed to find a new sweet spot in 2012 with the iPad mini’s 8-inch display: According to China-based market research firm TrendForce, the iPad mini and new tablets with similar screen sizes will grow to control 11.9% of the tablet market in 2013.
More potential bad news for Apple investors on Wednesday: shipments of the iPad mini could drop by as much as 30% in the second quarter. According to unnamed supply chain sources speaking with Digitimes, Apple’s manufacturing partners will ship 20% to 30% fewer iPad minis this quarter than they did between January and March due to “lacking demand in the market.” According to the report, customers are waiting for the second-generation iPad mini with a Retina display to launch, and are therefore not interested in the first model, which was released just this past November. Digitimes states that Q2 iPad mini shipments are expected to fall to between 10 and 12 million units from about 15 million in the March quarter.
Apple went from investors’ darling to Wall Street whipping boy in a matter of months, and the stock is now down more than 35% from the record high it hit last September. Shares plummeted to levels not seen since 2011 on Wednesday afternoon thanks in part to a recent note from Jefferies & Company analyst Peter Misek, who said Apple could be in for another couple of “disappointing” quarters as nearly all of its major mobile launches will happen later than expected this year. More →
Several devices from Apple’s (AAPL) next-generation lineup will reportedly launch later than most industry watchers expect due to various delays with their development. Plugged-in analyst Ming-chi Kuo of KGI Securities on Thursday circulated a research note claiming Apple’s iPhone 5S will not launch as soon as most sell-side analysts believe, and neither will its upcoming entry-level iPhone or the second-generation iPad mini. More →
Apple’s (AAPL) quest to trademark the term “iPad mini” is now back on track now that the United States Patent and Trademark Office has withdrawn its main objections to trademarking the name of the company’s smaller tablet. MacRumors reports that the USPTO withdrew its “primary objection to Apple’s application related to all of the elements of the ‘iPad mini’ name having been judged as descriptive rather than contributing to a unique product name.” MacRumors notes that the USPTO’s original objections were fairly easy to overturn since the company merely needed “to show that the ‘iPad mini’ term was an extension of its already distinctive ‘iPad’ trademark and submit a new specimen satisfying the examiner’s objection.”
Apple (AAPL) has continued to move away from its dependence on Samsung’s manufactured components in new products. David Hsieh of NPD Group’s DisplaySearch said on Thursday that the company will rely on Taiwanese firm Innolux and China’s Century Display for touch panels in its next-generation iPad mini, the Taipei Times reported. Innolux revealed earlier this week that it plans to ship its first touch panels for smartphones and tablets with its touch-on-display technology by the end of this year. Digitimes also reported that Apple will move away from Samsung (005930) and instead rely on components from LG Display (LPL), Sharp (SHCAY), Japan Display and AU Optronics (AUO) for the iPad mini.