Bidness Etc - iPad Sales To Experience A Decline

Revenue generation for Apple’s iPad continued to decrease and according to KGI Security Analyst Ming Chi Kuo, the sales will decrease even further in the coming quarter. According to his latest analysis, iPad’s sales will see a decline of around 30% sales year-over-year.
Kuo is of the opinion that launching a bigger and better iPad will also not solve this problem of decrease in sales. In the first quarter of the year, according to him, the company will start seeing a downturn in the sales by over a 52.7% to 10.1 million units and in the 2nd quarter a decline of 30% is expected of around 7 to 8 million units. Since the launch of the first iPad, this downfall is to be the first one that the company faces.
Kuo is one of the most trusted financial analysts out there whose analysis is given importance as his expertise is in how Apple products will make a difference in the market and how their sales will trend.
Apple (NASDAQ:AAPL) is expected to launch a 12.9 inch iPad but Ming Chi Kuo thinks that this new iPad wouldn't boost sales for company as such.
Apple Inc. is world’s biggest and most used tablet producer and its new iPad is expected in the 2nd quarter of the current year. The new iPad is going to have a bigger screen of 12.2 to 12.9 inches with four speakers and charging ports in landscape as well as portrait mode.
The iPad is also rumored to have OS X Yosemite rather than iOS which will definitely change it’s usability and human interaction, probably allowing usersto have a varying experience than that of they have had with iPhones or previous iPads.
In a recent report released by GizmoChina, it is said the Apple is thinking of naming the upcoming tablet as an iPad Plus.
However, the reason people have decreased their tablet usage is still not apparent. According to some sources, the decline in tablet sales in general might be due to the fact that now people use smartphones which are as big as tablets, eliminating the need of purchasing a tablet simultaneously.
About the expected drop in the sales of iPads, Apple’s concern should not be troublesome for the company as it is still selling the new iPhone 6 in massive quantities, which is giving them high revenue generation to surpass their existing losses.