Apple Inc. (NASDAQ:AAPL) perhaps just can’t catch a break. After the company had a prolific final quarter of 2012 with introductions of several devices into the market, and then came out last week with a record revenue quarter in company history. And what happened? What was a $700 stock plummeted to $450 in very short order.
As it seems many have become bearish on Apple Inc. (NASDAQ:AAPL) in the last few weeks, the company has been gathering negative traction in the news. What can Apple do to try to gin up some bulls? Yep, introduce a new device.
Word has been spreading that the fourth-generation iPad is about to undergo a strength upgrade, as a mammoth 128-gigabyte “Ultimate iPad” – which is designed for “enterprises, educators and artists,” according to the company’s statement – is due to hit retail shelves Tuesday. It is expected to sell in two versions, a wi-fi-only version for $799 and $929 for the wi-fi and cellular version.
With this confirmation, it seems that the talk about an early launch of an iPad 5 by Apple Inc. (NASDAQ:AAPL0 is being put on the back burner at this point. There was talk that the new generation device would hit shelves in the late spring or early sunner, but now this “Ultimate iPad” may push back the iPad 5 release date until the fall – a year after the iPad 4 and iPad Mini launched. There are reportedly some leaked photos that seems to show that the new iPad 5 may be a lighter, thinner iteration of the iPad 4 … and 3 … and 2.
What do you think about an “Ultimate iPad” for Apple Inc. (NASDAQ:AAPL)? Is this innovative, in your opinion? What do you think the company should do to turn the bears into bulls? Leave us your comments below and start a conversation.
DISCLOSURE: I own no positions in any stock mentioned.
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