Quote:
Originally Posted by GregWeld
I used some cash to buy 2000 shares of Apple today.... It has dipped down... we're going into the 4th quarter - which means XMAS shopping will be in full swing - you have the new iPhone - perhaps a mini iPad
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From CNN money....
http://money.cnn.com/2012/10/16/tech...html?iid=HP_LN
They even set a day for the press event, with only 1 month before prime holiday shopping. It will be interesting to see how much cannibalization happens on the current ipad line up that starts at $399. I am guessing $199-$250 retail on the mini since that is where the market is on the smaller 7" screens. They need volume to replace any lost sales of the $399+ models at a 2:1 rate by taking market share, which they have 70% of it.