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 25^th October 2012

Apple is Number 1 in the world

If you have been following technology and the stock market in general you would know that today Apple Inc became the #1 capped company in the world with Exxon Mobile following second. It followed their more than impressive results for the year 2011. I always knew apple was a big company but I had no idea that it was that huge a company. It kind of makes me want to laugh. Thinking about how some people see Apple as the underdog to companies like Microsoft. At least in the mind of most buyers of apple product they have no idea that Apple no longer holds that position of the underdog which always out performs its competitors. 


So Apple is now worth 417 billion US dollers, thats its current market capitalization it is huge but it is even bigger when you consider that it is almost twice the size of Microsoft. Also it has about 98 billion dollars in cold cash at its disposal. Quite amazing so what is Apple going to do with all that money. It makes me wonder is it all going into R&D or probably would be put into expanding Apple from an American brand and into a more Global brand. Would they release a low cost iPad making it ready for the launch of Microsoft's windows 8 hoping to literally take a greater market share form their rivals? Well no one knows for the moment but this is a company that would be interesting to watch for the next year.


I plan on getting some copies of their annual reports to study myself I wonder if they would grow bigger or are they all of a sudden going to hit a little road block and not know what to do with their new found status? Are they going to start behaving like most big named companies and become less innovative, are they going to become more entrenched and if so would a new rival to Apple arrive on the market? 


Well we wait to see what happens with this great tech company. An i would with this,  Congratulations Apple.