More Worries About Retina iPad Mini Supply
Apple (NASDAQ:AAPL) unveiled some new products at a launch event in San Francisco on Tuesday, including the expected lighter and thinner iPad called the iPad Air and the second generation iPad mini with a retina display.
Like most of Apple’s new products, rumors about the revamped iPads have been swirling for months. Of particular fixation in the media has been supposed supply restrictions for the retina iPad mini 2. Analysts have been going back and forth on whether or not Apple would be able to make enough of the new iPad minis in order to meet demand for the holiday shopping season.
Most recently, a note from Cowen and Company analyst Timothy Arcuri seen by Apple Insider said that he doesn’t believe production of the new iPad mini will be able to ramp up until the first quarter of 2014. That opinion supports earlier reports from Barclays Capital analyst Ben A. Reitzes and Canaccord Genuity analyst David Evanson, both of whom also believe supply of the iPad mini 2 will be constrained until the beginning of next year. All three analysts also agreed that the constraint on the 7.9-inch retina screen for the new mini will drive up demand for the iPad Air.