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Cheaper iPad mini right in Apple's eye, says analyst

Apr 28 2013, 11:44pm CDT | by , in News | Technology News

Cheaper iPad mini right in Apple's eye, says analyst

It is love at first sight. The iPad mini's impact to the industry might be questionable, but one analyst thinks that the Apple-iPad mini romance is just starting.

 

According to KGI Securities analyst, Ming-Chi Kuo, Apple could also launch another - much cheaper - iPad mini, one within the $199-$249 price range. If Kuo's prediction is spot on, many will see their own wishes and dreams fulfilled. Truth be told, although the iPad mini costs $329, customers are still torn between two lovers, considering that many Android tablets are priced below $300. "Prior to iPad mini 2 launch, Apple might roll out a more affordable iPad mini to compete with Android products," says Kuo.

"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. We think this cheaper iPad mini retail for US$199~249." In addition to the purported cheaper iPad mini, an iPad mini 2 with a Retina display is also rumored to be in the works, as well as a cheaper iPhone. Expect more rumors though as Apple's Worldwide Developers Conference approaches.

Source: MacRumors

 

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