Published on : Aug 12, 2014
After two consecutive quarterly declines, Apple Inc. has started the production of new iPads in order to boost their tablet sales. This new iPad under production has a 9.7 inch screen and this product will finally be unveiled at the end of this year or beginning of the next. A mini iPad with 7.9 inch screen will also be produced soon so that they are available by the end of 2014.
The time when this product will be introduced in the market is very lucrative because the end of the year marks the festive shopping season. Sources have also said that Apple Inc. also intends introducing big screen iPhones and health oriented watch devices.
The market worth of Pegatron Corp. and Hon Hai Precision Industry Co., the two suppliers of Apple Inc. showed a steady rise.
The second largest product category after iPhones for Apple Inc. is its iPad business which it needs to really focus on.
Apple Inc. and International Business Machines Corp. are planning on entering into a business partnership. The force behind this plan is that such a partnership may boost the iPad business in future. Apple has not particularly excelled in the business of tablets.
Due to manufacturing complexities, the business of larger Apple iPads is likely to get affected.
In the month of July, there was mass production of the largest iPhones of Apple’s. There are two types of iPhones; one with a 4.7 inch screen and the other with a 5.5 inch screen.
The latest consumer trend being observed is that there is greater demand for devices with larger screens.