Thursday, May 10, 2012

iPad mini may be in the pipeline, says analyst

 
(Credit: Apple)
 
CNET - Apple's long-rumored 7-inch iPad might be more than just a rumor, according to Barclays analyst Ben Reitzes.

Discussing the iPad in a research note yesterday, Reitzes said the investment firm is still holding out hope that Apple will add a 7-inch tablet to its lineup.

"Our global research team still sees some evidence of this product in the supply chain -- and we wouldn't be surprised if it wound up in the iPod Touch category if it indeed sees daylight," the analyst said.

Given some uncertainty on the part of Barclays, an iPad mini doesn't factor into its sales forecasts for the tablet. But either way, Apple is on track to have more bang-up quarters thanks to its current iPad lineup.

Reitzes estimates that 14.2 million iPads will ship in the second quarter, a 20 percent jump over last quarter. And another 15.9 million will ship in the third quarter.

Apple will be counting on strong sales from the iPad over the next couple of quarters as the company transitions to a new iPhone, according to the analyst.    More