iPad Mini to drive lower-cost tablets, says analyst
The second-generation iPad Mini will force tablet vendors to continue to drop their prices, says J.P. Morgan analyst Mark Moskowitz.
In an investors note out today, Moskowitz raised his 2013 tablet sales forecasts based on a boost from the Mini and other low-cost tablets.
The analyst now expects tablet unit sales to grow by 65 percent this year, up from a prior estimate of 53.5 percent. Overall tablets revenues are likely to rise by 33.2 percent, compared with the previous projection of 32.5 percent.
Apple will be the major beneficiary of those higher tablet sales. In … Read more
