This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Apple Set for Big iPad Mini Boost in China

NEW YORK ( TheStreet) - Details of Apple's (AAPL - Get Report) rumored iPad Mini remain shrouded in secrecy, although at least one analyst expects greats things from the device when it eventually hits the Chinese market.

"We have noticed the growing popularity of the Samsung Galaxy Note in China this year and we believe this trend will play into Apple's hands with the soon-to-be-launched iPad Mini," wrote Brian White, an analyst at Topeka Capital Markets, in a note released on Thursday. "While the Galaxy Note is also a smartphone, we believe the tablet capabilities are the main reason for purchase in China."

The Galaxy Note, a smartphone/mini tablet hybrid, has a 5.3-inch screen. Apple's iPad Mini is expected to have a screen size of 7.85 inches, smaller than the current iPad's 9.7-inch screen.

Topeka's White, on a tour of China and Taiwan, predicts impressive demand for the smaller iPad. "Our conversations during our meetings and casual consumer interactions this week tells us that the iPad Mini will take off like wildfire in China," he wrote. "When we discuss the smaller form factor and lower price point, the body language tells us that Apple will finally be able to sell in volume an iPad product in mainland China and further participate in the ramp of China's mobile Internet."

The analyst notes that at an estimated price of $250 to $300, the iPad Mini would be priced at less than half the new Samsung Galaxy Note II in stores in Shenzen, China.

Like the features of the iPad Mini, nothing is known about the device's pricing, although there's speculation that it could be priced as low as $299 in the United States to make it competitive with other, smaller tablets. Almost a third of respondents to TheStreet's recent iPad Mini poll, however, predicted that the device will be priced at $349, between the cost of an iPod Touch and an iPad 2.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
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!
SYM TRADE IT LAST %CHG
AAPL $126.48 0.06%
FB $80.00 -1.50%
GOOG $567.39 -1.40%
TSLA $193.93 -3.30%
YHOO $43.49 -1.50%

Markets

DOW 17,833.18 -302.54 -1.67%
S&P 500 2,070.95 -30.09 -1.43%
NASDAQ 4,926.5250 -56.2840 -1.13%

Partners Compare Online Brokers

Free Reports

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