This Day On The Street
Continue to site
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

Apple Unlikely to Delay iPad Mini

NEW YORK ( TheStreet) -- Apple (AAPL - Get Report) is "reportedly" (and I use that word loosely) delaying its iPad mini tablet with Retina Display until next year. That seems highly unlikely to me for a variety of reasons.

Digitimes reports, via unnamed sources, that the next version of Apple's popular tablet will launch sometime early next year, with production to start in the fourth-quarter of this year. If it is indeed true that Apple is delaying the tablet until next year, Apple most likely won't be selling two versions of the iPad mini, as the report claims.

Digitimes claims that Apple will launch a second-gen version of the iPad mini sometime this year that is "lighter, thinner and equipped with improved specifications." But Apple has never launched multiple versions of the same product. The different versions of the iPod all had different utilities, whereas multiple versions of the iPad mini serve no different purpose. It's simply one having a better screen, and one having a lower resolution. That's it.

Digitimes rumors have historically been very spotty in the past, so take anything the publication says with a HUGE grain of salt.

I can't see Apple, led by CEO Tim Cook, delaying one of, if not its most popular product because it can't get the supplies for a higher screen resolution. Cook was hired by former CEO Steve Jobs as an operations expert, and has been able to deliver Apple products on time, and incredible quickly to Apple consumers. Sorry, but I just don't put much "stock" into this rumor.

-- Written by Chris Ciaccia in New York

>Contact by Email.

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
Only $9.95
14-Days Free
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
SYM TRADE IT LAST %CHG
AAPL $126.44 0.00%
FB $87.28 0.00%
GOOG $523.40 0.00%
TSLA $280.02 0.00%
YHOO $39.38 0.00%

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs