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iPad Mini: RBC analyst backs impending release rumour

iPad Mini: RBC analyst backs impending release rumour

Another analyst has lent his backing to rumours of an impending release for the so-called iPad Mini, in what’s shaping up to be a busy fourth-quarter for new products from the House of Cupertino.

In recent weeks, finance wonks of all stripes have come forward to corroborate chatter surrounding the iPad Mini. And today, it’s the turn of Amit Daryanami of RBC Capital Markets to join the chorus.

A note to investors penned by Daryanani states: “Recent supply-chain commentary points towards a material ramp-up within AAPL’s ecosystem ahead of the iPhone 5 refresh this fall. Simultaneously, supply-chain checks suggests we will have more than just a [sic] iPhone-5 launch.

“While its [double sic] unclear if the additional product is an iPad refresh or a ‘mini iPad’, we do believe AAPL may look to leverage the price elasticity of the nascent tablet market by having a ~$300 device.”

His comments come amid separate reports that Apple’s key manufacturing partner Foxconn has embarked on a hiring drive to cope with a rash of demand for new iGadgets, as well as a welter of speculation that Apple could drop the iPhone 5 and iPad 2 at the same showcase event in late September or early October.

Source:

Boy Genius Report

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