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.

Low Cost iPad Mini: Would Apple Offer a Cheaper Mini?

Low Cost iPad Mini: Although Apple Inc. (NASDAQ:AAPL) has a solid grasp on the mini tablet market, there is no denying the fact that the competition is heating up. In addition to tablets from Amazon and Google, Samsung has gotten in on the action with its Galaxy Tab 3.

With the competition taking aim at Apple, it will be interesting to see if the Cupertino based company makes any changes to its strategy to solidify its spot at the top.

Apple Inc. (AAPL) to be Added to Several WisdomTree ETFsWhile nobody knows for sure what Apple Inc. (NASDAQ:AAPL) has planned for its popular iPad mini, some believe that the company could be considering a lower priced device.

This could be the type of change that the tablet market is looking for. Not to mention the fact that it would go a long way in pleasing investors, as they have been keeping an eye out for the next big thing from the company.

KGI Securities analyst Ming-Chi Kuo has published a research note taking a closer look at the future of the Apple iPad, including the mini and the possibility for a cheaper alternative.

At this time, it appears that Apple Inc. (NASDAQ:AAPL) has pushed back the release of the next iPad mini to the fourth quarter. But not without good reason. Cupertino may be making this decision to give it enough time to add a Retina display.

Here is a portion of the note, as published by

“Prior to iPad mini 2 launch, Apple might roll out a more affordable iPad mini to compete with Android products. To cut costs, Apple might push for lower component prices, use a more advanced process to produce the A5 processor, simplify metal casing production, remove the rear camera, cut storage to 8GB and find more component suppliers to lower costs. We think this cheaper iPad mini retail for US$199~249.”

As you can see, Kuo believes that a cheaper iPad mini could actually make its way to market before the iPad mini 2 launch. This would make for an interesting second half of 2013, as it would give Apple Inc. (NASDAQ:AAPL) a push forward by two new devices.

If you recall correctly, many consumers were hoping that the original Apple iPad mini would be priced in this range. Unfortunately, Cupertino was nowhere close with a starting price of $329.

What’s the conclusion?

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.