Here are your Apple rumors and AAPL news items for today:
New iPads Coming: A KGI Securities analyst predicts that Apple (NASDAQ:AAPL) will unveil both a smaller-screen iPad as well as an slightly updated version of its current full-sized model shortly after it launches the next generation iPhone, MacRumors says. Despite the launch of the new iPhone, the analyst forecasts only modest iPhone sales increases during the launch quarter due to supply constraints and consumers who have refrained from purchasing a new phone while waiting for the new release. The smaller iPad will likely debut in late September and enjoy strong sales during the holiday period. The analyst predicts total sales of 13 million units for the iPad Mini this year. An updated version of the standard iPad will reach consumers in October.
iPod to Get Major Update: Reports are circulating on Japanese blogs that Apple is developing a new iPod featuring a larger screen and updated electronics, Apple Insider notes. The new iPods will adopt a four-inch screen, similar to the next generation iPhone. Given the shortage of Retina displays, however, the new iPod may not feature that level of definition. Inside the new iPod will be an A5 processor, an improvement over current models. Reports also suggest that the company will replace the current exterior casing with brushed aluminum. The new iPod could be announced as early as September.
Apple Claims Hefty Damages from Samsung: Apple is demanding damages of $2.5 billion in its patent infringement lawsuit against rival Samsung, FOSS Patents says. Apple is claiming that Samsung has cost it $25 million in royalty damages and $500 million in lost earnings. It also says that Samsung has reaped $2 billion in unjust enrichment from the alleged patent infringement. Apple is demanding $24 in damages for every Samsung device that violates its design patents, and just over $5 per Samsung device that infringes on its software patents. The trial starts on July 30.
For more about the company, check out our previous Apple Rumors stories.