Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Apple Inc. (NASDAQ:AAPL) Delayed Production of Larger-Screened iPads

Apple Inc. (NASDAQ:AAPL) has delayed its production of iPads with larger screens which was planned earlier to be started in this quarter. A Bloomberg article reported on the news and discussed about the manufacturing and rescheduling of Apple’s larger-screened version of the tablet.

ipads, AAPL

“It’s part of Tim Cook’s strategy to get more businesses and corporations and government agencies using the iPad in their day to day opportunities,” said Tim Higgins, Bloomberg News.

During the past four quarters, iPad sales have declined which is why Tim Cook, Chief Executive Officer of Apple Inc., felt a need to make a tablet with a larger screen to revitalize its product line, as the new iPads would be targeting corporations and government agencies who need a larger display on their tablets in order to perform their daily required tasks and duties.

Apple Inc. (NASDAQ:AAPL)’s manufacturing of a 12.9-inch screened iPad is now re-scheduled for sometime around September 2015 and the reason behind the rescheduling is a delay in the supply of display panels, as said by a person having knowledge of the matter. Initially, the company had planned to initiate production of these tablets in this quarter. Unlike other companies, it is not unusual for Apple Inc. to delay and take time before releasing its new product in the market but this time it’s six months.

Currently Apple Inc. (NASDAQ:AAPL) has an iPad with a 9.7-inch screen that is available to purchase and an iPad mini which has a 7.9-inch display. Apple Inc.’s iPhones which were introduced in September last year are also giving competition to its iPads and “cannibalizing” them to some extent with their larger screens, though they helped Apple Inc. deliver record profit in the latest quarter.

A tablet with a larger screen could be more appealing to business users and that is why Apple Inc. (NASDAQ:AAPL) had announced a deal last year with International Business Machines Corp. (NYSE:IBM) to help it sell iPads to business customers. People are shifting from tablets to smart-phones with big screens but yet larger-screened tablets still have a growth potential in the future, being lightweight and easy to carry, they are very helpful in field work and could become a replacement for laptops, which are required for computing jobs. So the delay in Apple Inc.’s iPads won’t affect its sales and the company won’t lose its customers just because of its late arrival in the market.

I jsut made 84% in 4 daysI Just Made 84% in 4 Days By Blindly Following This Hedge Fund

I just made 84% in 4 days by blindly imitating a hedge fund’s stock pick. I will tell you how I pulled such a huge return in such a short time but let me first explain in this FREE REPORT why following hedge funds’ stock picks is one of the smartest things you can do as an investor. We launched our quarterly newsletter 2.5 years ago and not one subscriber has, since, said “I lost money by EXACTLY following your stock picks”. The reason is simple. You can beat index funds by creating a DREAM TEAM of hedge fund managers and investing in only their best ideas. I just made 84% in 4 days by blindly imitating one of these best ideas. CLICK HERE NOW for all the details.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!