Rumors are circulating that after Apple releases the iPad mini they will discount the iPad 2. Considered to many as the best iPad to date. And the last iPad the great Steve Jobs was apart of. The iPad 2 has a sentimental place in a Apple history. If this is true look for super sales to empty inventory of the device.
Rob Cihra with Evercore Partners said in a note to investors this week that he sees Apple phasing out the current iPad 2, because Apple’s overall vision calls for “clearer product tiers.” The prediction comes as Apple is expected to lower the barrier to entry of its iPad lineup by unveiling a new, smaller iPad next Tuesday.
In his view, Apple is leveraging its engineering expertise in both hardware and software to “pull dollars away from otherwise commodity markets and incumbent competitors.” Apple’s calendar year 2012 revenues are up 30 percent year over year, while the broader PC market has dropped 4 percent this year.
