KGI Securities analyst Ming-Chi Kuo is back with another Apple prediction, this time regarding the company’s upcoming line-up of new iPads for 2013 and beyond. Kuo claims that Cupertino will release the iPad 5 and iPad Mini 2—both with Retina Display and the new A7X chip—in the fourth quarter of 2013, with a cheaper A6-powered iPad Mini coming out in early 2014.
Kuo previously predicted that the iPad Mini 2 would not come with Retina Display, but recently reversed his predictions, claiming Apple had decided to implement the new technology in the face of renewed competition in the tablet market, mostly referring to Google’s new Nexus 7. Kuo has generally been reliable when it comes to Apple, though we’re not sure how we feel about his low-cost iPad Mini prediction. With the second-generation slate coming this year the current model would naturally drop to a cheaper price-point, eliminating the need for a new mid-range version.
Apple will take the stage next week on Sept. 10 for a special media event, which we expect will focus on iOS and the iPhone line exclusively. Based on Kuo’s predictions, we won’t hear anything official about the new iPads until closer to the holiday shopping season.