The Traderszone Network

Published in TZ Latest News 30 July, 2014 by The TZ Newswire Staff

Apple’s iPad Losing its Magic?

Apple’s last new product introduction was in April 2010, more than 4 years ago… with the press release in January of that year calling it a “ Magical & Revolutionary Device at an Unbelievable Price “.  In hindsight, despite falling a tad short of curing cancer, but selling more than 200 million of the devices since its launch, demand for tablets as a category is waning, with Apple missing unit estimates for the last two quarters. From the WSJ: Apple struggled for the second consecutive quarter to sell iPads, with unit sales falling 9.2% after a 16% drop three months earlier.

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