and harsh criticism from consumers and reviewers about a wealth of errors in its crucial Maps service.
Apple s fiscal fourth quarter financial results are scheduled for Oct. 25, two days after the event, offering analysts a rare opportunity to grill executives about their thinking around a new product just after details are unveiled.
News of the event was earlier Nike Shoes Yellow
Struggling Silicon Valley technology icon Hewlett Packard was among the first to show, albeit unwittingly, that there was indeed a healthy market for cheap tablets. Sales of the TouchPad took off after the company slashed the price to $99 from $399 and $499, after deciding to kill the product.
A smaller iPad will directly compete with e commerce giant Amazon Kindle Fire HD tablet and Google Nexus 7, both of which have 7 inch screens and are priced at $199. tablet market.
The consumer device giant is gearing up to unveil a new product at a major Oct. 23 event, said the source who declined to be named, days before Microsoft Corp unveils Windows 8 and its new Surface tablet on Oct. 26.
Apple Inc will host an event on Oct.
The Nexus 7, manufactured by Asus, has also seen a successful start with the tablet selling out soon after launch.
NEW SEGMENT FOR APPLE
Apple to unveil mini iPad
While the stock is up 55% this year, it is currently down 10% from its record high following concerns about disruptions to iPhone supply after a September riot at one of the plants operated by its main contract manufacturer Foxconn Technology, Nike Training Shoes Black And Pink
The device, which many expect will sport a screen between 7 and 8 inches (18 20 cm), is deemed by analysts to be the iPhone makers attempt to finally get into the fast growing market.
One Wall Street analyst said he saw the smaller tablet dubbed iPad mini by the media while visiting component suppliers in Asia.
actually had the opportunity to play with a pilot iPad Mini used by one of the vendors, Topeka Capital analyst Brian White said. 7.85 inch iPad Mini fit our hands like a glove and we were easily able to tuck the device in our sport coat, offering consumers a more mobile iPad experience for certain use cases. events are typically among the most watched items on the industry calendar, monitored by consumers and tech investors alike. The event in two weeks however comes at a time of volatility for the most held tech counter.
Apple shares were up 0.75% at $632.84 in the afternoon, barely recouping significant losses over the past three weeks as investor cashed out after it touched an all time high of $705.07 on Sept. 21.
A mini version of the iPad marks a departure for the company that now has just one 9.7 inch iPad, though it does come with various storage options and starts at $499.
The source did not specify what the product would be. An Apple spokesman declined to comment.
Speculation has swirled for months that Apple was planning a smaller, less expensive version of its popular iPad to Nike Shoes Zipper
reported by tech blog AllThingsD.
Late Apple founder Steve Jobs famously derided the 7 inch screen as unwieldy for tablet applications, saying the devices should come with sandpaper so Nike Shoes Design 2018 that users can file down their fingers to use them.
take on cheaper competing devices, a move that analysts say may hurt its margins but prevent its arch rivals from dominating an increasingly important computing segment.
But an internal email revealed during a recent patent trial against Samsung showed Internet chief Eddy Cue arguing that there was a market for a 7 inch tablet and that Apple should have one. The email, sent in early 2011 to top Apple executives, said Jobs had warmed up to the idea of a smaller tablet.
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