Analyst: This Is Apple’s ‘Most Important iPad Refresh’ Since 2010
Will tomorrow’s media event be a watershed moment in the history of the iPad? In a recent note to investors, Cantor Fitzgerald analyst Brian White claimed that Apple’s (NASDAQ:AAPL) upcoming iPad refresh will be the Cupertino-based company’s most important iPad event since the product was originally launched in 2010.
White believes this iPad refresh is especially significant because Apple’s iPad sales saw year-over-year declines for the first time in the third quarter of fiscal year 2013. However, the analyst expects that the next iPad launch “will help put a bottom in the iPad sales cycle.”
Based on his recent Asian supply chain checks, White believes that the iPad 5 will be 15 percent thinner and 20 to 30 percent lighter than the fourth-generation iPad. He also predicted that the width of the iPad 5 will be 7 to 10 percent less than the current iPad. These predictions appear to be in line with measurements recently taken by Chinese parts supplier SW-Box.