Apple to Ditch iPad 2 After iPad Mini Launch, Analyst Suggests

by Todd Haselton | October 19, 2012

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Apple might not have a seat at the dinner table for the iPad 2 after it announces and launches the iPad mini, a report from an analyst suggests. It makes total sense, there really isn’t a need for Apple to keep so many iPads around and we doubt it’s continuing to produce the older iPad. Plus, if rumors that Apple will refresh the new iPad with a Lightning report are true, the company will likely drop the current “new iPad” down in price to replace the iPad 2.

The analyst, Rob Cihra from Evercore Partners, said he expects Apple to sell 26 million iPad units during the December quarter, including 7 million iPad mini tablets. Ciha also said he expects Apple’s December revenue to fall in around $56.1 billion for the quarter. AppleInsider said Wall Street currently estimates Apple’s revenues to top out at $36.4 billion.

[via Apple Insider]



Todd Haselton

Todd Haselton has been writing professionally since 2006 during his undergraduate days at Lehigh University. He started out as an intern with...