) is set to unveil some new products. Though there has been no
official confirmation, reports from news websites such as
suggest that the event is likely to take place on Oct 22.
Apple is expected to reveal the new iPad (iPad 5) with Retina
display, which has been designed to look like a bigger version of
the iPad mini. The latest version of the iPad mini will be
powered by A7 processor. Moreover, the new M7 co-processor and
Touch ID fingerprint scanner will be found in both the devices.
The devices will be available in colours such as silver, space
gray and gold.
A new Apple MacBook Pro with Retina display, powered by fourth
generation Intel Core processor named Haswell, along with updated
NVIDIA 7-series mobile GPU, is also likely to also be
There are also rumours that the new iPad Mini launch may be
delayed till 2014. Some industry sources believe that Apple's
suppliers have not yet been able to complete the production of
iPad Mini's Retina displays until this month, which is probably
the reason for the delay, forcing Apple to release a new iPad
Mini without the said feature.
Apple first came out with an iPad in early 2010 and created
this whole market for tablet computers, which in turn
cannibalized the laptop and desktop computing market.Sensing the
big opportunity in this segment, some of the other major
competitors such as Samsung and
) launched competing tablets, which naturally took some share
from the market leader.
However, international expansion will be a major growth
catalyst for Apple, helping tablet sales for the long term. In
this regard, we believe that Apple will have to win tough
competition from other Smartphone makers such as Samsung,
Currently, Apple has a Zacks Rank #2 (Buy).
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