iPad 2012 Home Screen

Apple’s iPad 2 has had a long healthy run, but the Cupertino company may soon send the device to the tablet farm in the sky. According to AppleInsider, Apple is ready to retire the iPad 2 and will soon slash production of the tablet, which has been on the market for almost three years. The iPad 2 remained popular for quite a long time, even though it lacks the Retina display, Lightning port and faster processors that its successors offer, and Apple surprised us when it said it would remain on the market last year.

Apple’s decision is being made naturally, as consumers start to prefer the iPad mini, iPad mini with Retina display and the iPad Air, AppleInsider explained. Apple still sells the iPad 2 for a starting price of $399 with 16GB of storage, though that’s the same price as the more powerful iPad mini with Retina display, $100 more than the standard iPad mini and just $100 less than an iPad Air. We can see why consumers are opting for the other options, and it makes perfect sense now that Apple will supposedly cut production.

AppleInsider didn’t provide a final production stop date, but KGI Securities analyst Ming-Chi Kuo suggested Apple will ship just 300,000 iPad 2 units this quarter. Considering Apple shipped a record 26 million iPad units during its fiscal first quarter of 2014, we can see why it’s time to put the iPad 2 to rest.