Will Apple’s New, Higher Power 128GB iPad Relieve Some Investor Pressure?

Apple Stock Price Hits Record High Ahead Of Earnings Report

apple share forecastApple says it will begin production on a new iPad that doubles the capacity of older fourth-generation models.

The new 128 gigabyte version, complete with the retina display, will fetch $799 for the wifi-only version and $929 for the model that connects to cellular wireless. They become available Feb. 5, in black or white.

Already, Apple has sold more than 120 million of its popular tablets. Yet, the timing of today’s announcement is particularly intriguing. Less than a week ago, Apple revealed lackluster holiday iPhone sales, reinforcing anxiety among investors that the company is fading from a growth company to a stodgy, if immensely profitable, corporation and that Google‘s Android phones can fully replace the iPhone as the go-to smartphone.

The discontent has centered in part on Apple’s lack of new, attention-grabbing product releases. It’s mostly been a slow parade of product enhancements—just like what happened this morning. Fear is high that Apple is aging and that its fate will soon parallel the elder giants in the industry, like Microsoft and IBM.

Apple shares went up 2.3% in pre-market trading. So for now, investor seems pleased, after wiping away tens of billions in market value from Apple and reducing it (momentarily) to only the second most valuable company in the world.

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13 thoughts on “Will Apple’s New, Higher Power 128GB iPad Relieve Some Investor Pressure?

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  5. The iPad definitely wins this one. The Kindle’s black and white screen is nowhere near as attractive as the full color experience that the iPad offers. The iPad can also offer more interactivity that the Kindle can’t match. This might include video interviews with the author or detailed maps.Without a doubt, iPad users will have a larger selection of books available to them. Why is this? Well, Kindle already has a Kindle App that is available for free for the iPad. This means that any title that is available to a Kindle owner will, by default, be available to an iPad owner. In addition to this, iPad owners will also have access to all the titles that Apple offers through its deals with various major publishing houses.

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