Forget The Delay On This Apple Inc. (AAPL) Device

Earlier this week, there were many rumors swirling that the next generation Apple Inc. (NASDAQ:AAPL) iPad mini could be pushed back to 2014 (found out more). While this would not be the end of the world, as consumers will have no problem waiting, it is not something that would suit Cupertino well.

Fortunately, it now appears that all those rumors were unfounded and that Apple is on pace to push its new mini tablet on schedule.

Digitimes has touched on this story: LG to ship around 3 million iPad panels a month in 3Q13; expects no 2014 delay for the iPad mini

This would be good news for Apple Inc. (NASDAQ:AAPL), as well as consumers, as the company doesn’t want to wait to ship its next generation iPad mini. Instead, it would be in the company’s best interest to stay on track.

Here is a brief excerpt from the piece, helping to better explain where things stand right now:

“LG Display expects to ship 2.5-3 million 9.7-inch panels a month for the iPad in the third quarter of 2013, according to industry sources.

The sources said that around 1-2 million of the panels will be for Apple’s fifth-generation iPad, with the rest for previous iPad models.”

When you begin to compare these numbers to what other tablet companies are currently doing, it is easy to see that Apple Inc. (NASDAQ:AAPL) is head and shoulders above the pack. For the time being, even if there was to be a delay, there is no reason to believe that another company will be able to swoop in and make up any ground in the near future.

According to the sources quoted in this piece, retina is on its way:

“The sources also added that LG is reportedly making new headway in producing Retina panel technology for use in the next-generation iPad mini, and expects to ship about 2-3 million units a month in preparation for Apple’s expected October release date.”

This is all good news for Apple Inc. (NASDAQ:AAPL), consumers, and the investors who are keeping a close watch on the company’s product cycle.

It will be interesting to see if the new iPad mini is as well received as the first generation tablet. There is a good chance it will be even more popular, thanks to a variety of updates that consumers have been craving.