Apple is reportedly prepping its next version of the iPad mini, which was announced in October. It's expected that Apple will announce the next-gen device in 2013, though the time frame is still up for debate.
The iPad mini has sold well, despite initial concerns over the lack of Retina Display on the smaller tablet, which starts at $329. Rumors continue to suggest that the next-generation device will encompass Retina Display, which is currently used in the larger versions of the iPad.
Upon first seeing the iPad mini, I gave it a favorable review, noting how light it was but sturdy at the same time. As Apple continues to roll out the iPad mini to its laundry list of countries, it wouldn't surprise me to see continued adoption of the tablet, at the expense of the larger iPad and other Android-based tablets. Google (GOOG) makes the Android operating system.Don't expect the next-gen iPad mini anytime soon though. The roll-out of the original iPad mini still has to take place. Though Apple has changed up its product release dates recently to keep journalists and Wall Street on their toes, considering the barrage of products released at the end of 2012, I suspect Apple engineers will have a little bit of time before they have to crank out "one more thing" in 2013. My best guess is sometime in the summer, or perhaps the fall of next year. Interested in more on Apple? See TheStreet Ratings' report card for this stock. --Written by Chris Ciaccia in New York >Contact by Email. Follow @Commodity_Bull
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
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.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
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.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV