Monday, October 8, 2012

Apple Inc.(NASDAQ:AAPL) orders Over 10 million units of the iPad Mini

Here's some more news on Apple Inc.(NASDAQ:AAPL)’siPad Mini. The Wall Street Journal has reported that Apple has ordered more than 10 million units of the device for the fourth quarter of 2012, the information being sourced from Asian component suppliers to Apple.

The 10 million units ordered are about double the size of the orders placed by Amazon for its Kindle Fire tablets for the fourth quarter, the Journal reported.

The smaller iPad is expected to be a competitor to Amazon's Kindle Fire tablets and Google's Nexus tablets both in terms of size and pricing.

While everything is still in the realms of rumours and speculation, what lends veracity to the story in the Journal, is the paper's track record in braking similar stories, particularly about Apple.

According to the Journal the device has a 7.85 inches screen, and lower resolution, compared to the existing iPad 3.

TechCrunch which is also following up the story on its own has said that it has reached out to Apple for a reply.

"Last week we also reported an Apple investor’s assertion that Apple would be sending out invitations for a press event to launch the iPad mini on October 10, with the device due to ship on October 17," TechCrunch said.

Apple was silent about the prospect of the launch of an iPad Mini last month when it released its iPhone 5 and has not given the slightest hint that such a device is in the works.

However the rumours and speculation have only grown over the months.

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