Friday, May 11, 2012

Is Apple planning to sell £150 iPad Mini AT A LOSS?

According to The Daily Mail, Apple is planning to launch an assault against the burgeoning Android tablet market by releasing an 'iPad Mini' - at a loss-making price of around £150.

Sources told Apple fansite iMore that the new tablet will launch in October this year, with Apple potentially selling the sub-$250 tablet at a loss in order to leave no room for competition.

The rumor on the street is that the iPhone 5 will be out in September. I wonder if all this talk about a cheap mini-tablet is nothing more than a clever marketing ploy to put people off buying any till October.