Apple stock took a battering this week when it was reported that the iPhone 5 wasn’t selling as well as the Cupertino company had expected it to, and it appears analysts aren’t going to let it recover just yet. JP Morgan analyst Mark Moskowitz is now reporting that iPad sales won’t meet expectations due to supply constraints during the fourth quarter of 2012.
As is often the case with Apple products, feelings towards the new iPad mini were mixed following the Cupertino company’s special event in San Jose on Tuesday. Many were wowed by its good looks and tiny form factor, which still manages to run regular iPad apps just fine. While others were confused over its $329 price tag.
We had expected Apple to price the iPad mini along the same lines as cheap Android tablets, such as the Google Nexus 7 and the Amazon Kindle Fire, which sell for $200. We didn’t quite expect Apple to go quite that low, but we felt around $250 would be just about right.
Instead, Apple chose to ignore what its competitors were doing. You might say that this is a big mistake, and that the iPad mini doesn’t stand a chance against its 7-inch rivals. But many analysts feel the iPad mini will do just fine at $329.
Saving up for that widely-rumored Apple television set? Well, according to one analyst, you have plenty of time. J.P. Morgan’s Mark Moskowitz issued a note to investors this week in which he states there is no indication Apple’s TV will make its debut during 2012, and that the current economic climate just isn’t suitable.
Moskowitz believes we’ll be waiting until 2014 instead, but suggests we could see an exciting new Apple TV set-top box before then.
Amazon’s Kindle Fire could be the gateway drug for iPad users. That’s the belief of one analyst who sees the $199 7-inch device as a way for consumers to get a taste for tablets and want more — like the iPad.
Since its refresh in October 2010, the popularity of Apple’s MacBook Air has been rapidly increasing according to new research by J.P. Morgan analyst Mark Moskowitz. Sales of the device have seen a 333% year-over-year rise, with a projected annual revenue of a whopping $2.2 billion.
“We believe that the growth rate of the MacBook Air stands to moderate, but we expect the product to exhibit increasing contribution to the overall Mac business,” Moskowitz wrote. “(The fourth quarter of calendar 2010) was the first quarter in which the MacBook Air accounted for greater than 10% of total Apple Mac units. More importantly, the MacBook Air accounted for 15% of total notebook sales during the quarter, versus 5% in the prior year.”
The latest refresh to the MacBook Air line introduced an ultraportable 11.6-inch model – a perfect alternative to users looking for the portability of a netbook but with the stability of a Mac. When the device first launched back in January of 2008, a 13-inch machine was the only option, with a starting price of $1,799. Now there are two machines to choose from, both of which come equipped with SSD hard drives as standard, starting at just $999.
It’s believed that the lower starting price and a choice of two notebooks are the main reasons behind the growth in popularity of the MacBook Air.