This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Apple's Stock Set For iPad Rumor Boost (Update 2)

Stocks in this article: AAPL S BBY AMZN BKS

As if a new carrier wasn't enough to help boost Apple's earnings, there are more rumors about the supposed "iPad Mini."

DigiTimes has mentioned the oft-rumored iPad Mini again, this time discussing a slim bezel display. That would allow the screen to occupy a larger percentage of the tablet's face than it currently does. The Mini would be 7.85-inches and be priced between $249 and $299, according to DigiTimes.

There has already been plenty of chatter about an iPad Mini, but Apple has been against the technology in the past. Former CEO Steve Jobs said that 7-inch tablets were "dead on arrival" and Apple didn't make them "...because we think the screen is too small to express the software."

Even Samsung believes Apple is likely to make an iPad Mini. An anonymous executive from the South Korean company told The Korean Times that Apple is likely to expand its parts purchases from the company, due to a new iPad Mini. "The contract with Samsung is expected to rise to $11 billion by the end of this year as Apple is planning to release a smaller iPad, probably with a 7.85-inch screen, and to sell more of its MacBook Air PCs using Samsung's faster solid state drive (SSD) storage,'' the executive said.

Companies like Amazon (AMZN) and Barnes & Noble (BKS), however, have shown that there is consumer demand for a 7-inch tablet, but there has been no indication of such from Apple. That may change under Tim Cook, who has shown a penchant for being slightly different than Steve Jobs with his handling of the company.

Apple's stock has ridden the euphoria of the new iPad and pushed enthusiasm for the company in general to new highs. Shares of the Cupertino, Calif.-base firm have gained 36.3% year-to-date, and 56.8% over the past year.

If the rumors about more carriers come to fruition, this can only be a positive for Apple. That's not "Thinking Different." That's thinking smart.

Interested in more on Apple? See TheStreet Ratings' report card for this stock.

Check out our new tech blog, Tech Trends. Follow TheStreet Tech on your wireless devices.

-- Written by Chris Ciaccia in New York

>To follow the writer on Twitter, go to

>To submit a news tip, send an email to:

2 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs