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Apple reportedly delays production of a larger iPad
AP
Apple is postponing production of a larger iPad until September, Tim Culpan and Tim Higgins at Bloomberg report.
They say Apple planned to produce a 12.9-inch iPad starting this quarter. However, supply issues have pushed back Apple’s schedule.
The iPad has seen sales drop lately. Last quarter, Apple sold 21.4 million iPads, down 17% compared to the prior year. It also missed analyst estimates.
Because the iPhone is selling like crazy, nobody really cares that the iPad has suddenly tanked.
But, there was a time when people believed the iPad was going to be as big, if not bigger than the iPhone. That isn’t happening.
The larger iPad would be Apple’s attempt to reignite sales growth.
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