by Christopher Freeburn | September 27, 2013 11:10 am
Here are your Apple rumors and AAPL news items for today:
Delayed: While Apple (AAPL) widely expected to unveil an updated iPad next month, rumors continue to swirl over whether an iPad Mini with a higher-resolution display will accompany it, AppleInsider notes. Reports surfaced earlier this year that Apple would delay introducing a Retina iPad Mini until 2014. However, more recent reports indicated that the iPad-maker had decided to launch the Retina iPad Mini in October to counter rising competition in the 7-inch tablet market. Now a new report from IHS iSuppli claims that Apple’s manufacturing partners have been unable to produce sufficient volumes of the Retina iPad mini to support a launch next month. Other recent rumors had suggested that manufacturers were encountering problems making enough Retina screens for the 7.9-inch iPad Mini. However, IHS iSuppli notes that Apple could unveil a Retina iPad Mini in October, but hold off shipping the new tablet until its inventory of available units stabilizes. Apple is expected to debut the fifth-generation iPad at a media event on Oct. 15. If Apple follows its usual schedule, new iPads shown off at the event will hit store shelves by the end of the month.
Table Talk: Apple CEO Tim Cook will sit down with activist investor Carl Icahn on Monday, CNBC notes. The two will reportedly meet at an unspecified location in New York City. Possible topics for conversation include increasing the size of Apple’s share buyback. Last month, Icahn announced via Twitter that he had acquired a sizable amount of Apple shares — thought to be as much as $2 billion — and would meet with Cook. Icahn has since called Apple a good long-term investment and indicated that he had increased his initial holdings of the iPad-maker’s stock. Earlier this year, Apple said that it would return $100 billion to investors through $60 billion in share repurchases and higher dividends.
Martha, Martha, Martha: Home decor guru Martha Stewart has found herself in a social media dust up with Apple, Daily Finance notes. The founder of Martha Stewart Living Omnimedia (MSO) recently dropped the iPad given to her by Apple’s late CEO and co-founder Steve Job, cracking the screen. She apparently called Apple, expecting that the company would collect the damaged iPad from her home. However, Apple doesn’t retrieve damaged Apple devices. Consumers are expected to bring them to Apple Stores on their own. Stewart then tweeted that Apple might consider offering such a service. Later, she sent another tweet, suggesting that the whole thing was a joke and that she was “just pissed off at the fact my precious ipad shattered and I wanted to make light of it?” But by then her tweets had gone viral and apparently attracted Apple’s notice. “I cannot believe that Apple Public Relations is mad at me for tweeting about my Ipad and how to get it fixed!” she later tweeted. After some criticism from other Twitter followers, Stewart said that she would “deal with it all silently.”
For more about the company, check out our previous Apple Rumors stories.
Source URL: http://investorplace.com/2013/09/friday-apple-rumors-retina-ipad-mini-may-not-ship-next-month/
Short URL: http://invstplc.com/1ftN7pd