New iPad mini expected to debut Oct. 22
Apple CEO Tim Cook may show off a second-generation tablet with a high-definition Retina display, as well as a new larger-format version with a better camera.
Connie Guglielmo, Forbes
Apple, which is expected to introduce a few new products to boost holiday sales this quarter, may debut its new iPad mini at an event on Oct. 22.
Rumor sites have been speculating about the Oct. 22 date for a while, which is almost exactly a year after CEO Tim Cook first introduced the mini, and on Tuesday, AllThingsD said its sources also reiterated that date for tan invitation-only event. Cook is expected to unveil a second-generation iPad mini tablet with a high-definition Retina display, as well as the fifth generation of its larger-format iPad with a better camera and new A7 microprocessor. Apple may also finally announce the ship date for the long-awaited Mac Pro desktop, which was previewed during Apple’s developers conference in June.
Investors have been clamoring for Cook and Apple to speed up their new product roll-out schedule in a bid to boost sales growth and fend off rivals from Amazon to Google to Samsung in the two markets where it gets more than 75 percent of its sales: smartphones and tablets. Amazon, with its Kindle, and Google, with its Nexus, already offer high-definition displays in their small screen tablets, and Samsung beat Apple to market with its release last month of a smartwatch called the Gear that works with its Galaxy phone. Analysts don’t expect Cook, who last month introduced the new iPhone 5s and iPhone 5c as well as faster iMac desktop, to unveil a smartwatch until next year.
Apple typically sends out invitations a week before its events. The company is also set to announce fourth-quarter earnings on Oct. 28 after the market closes.
More from Forbes
- Apple Unveils Faster, Thinner iPhone 5
- Cook Unveils Mission Statement
- Apple Unveils iOS 7, iTunes Radio
Copyright © 2013 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
[BRIEFING.COM] A solid November employment report translated into a solid day of gains for the major averages. While there was some talk that the encouraging job growth raised the odds of the Fed announcing a tapering at its December meeting, the message of the markets today was either that it didn't believe there would be a tapering this month or that it doesn't fear a tapering this month.
It was just one day, yet there was ample meaning wrapped up in the connection that the 10-yr ... More
More Market News
|There’s a problem getting this information right now. Please try again later.|