Thursday, October 11, 2012

Apples Rumored iPad Mini Could Totally Destroy The Competition

The First Generation  iPad: Image © Evan Amos from Wikimedia

               Another Apple product is about to be born, the iPad mini. This tablet device is targeted at taking a piece of the growing mini-tablet market. This market created by Apples competitors allowed them to create a niche in the tablet market upon which they could grow. But there seems to be a lack of optimism in the stock market after seeing Apple stock fall in the past month. 
 
               This move by Apple might just break the back of its competitors. The iPad is priced at $499 and the price point for Google's flagship tablet the Nexus7 and the Kindle Fire are both priced around $200. Now the big question that Tablet manufacturers will be asking themselves is this, what will be the price of the iPad mini. If Apple prices their new tablet at $300 or $250, all hell will break loose. The orders will sky rocket. I see 10 million iPad minis being sold before the end of the year. This is really crucial for the direction of the tech industry, with windows getting ready to release its first tablet together their amazing new operating system Windows 8 which is also being priced around the $200 price mark. I don’t know about you but this is going to end up being a very revealing month for the tech industry, with reports of the PC market slowing down what is going to happen to Microsoft and android if Apple come up with a price point tempting enough to cause people to finally switch to Apple? That could cause Apple to see its share of the tablet market increase dramatically (a market in which it comfortably dominates and is regarded as the standard). 
             
         I think Apple will go for a price point of 300. We know Apple prefers low volume high margin, that has been their model for sometime under Steve Jobs, but Tim Cook is now calling the shots and he decided to create a smaller tablet that Steve never approved of. We can only keep guessing until Apples reveal day rumored to be 25th October 2012

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