Apple Open to iPad Price Cuts if Demand Lags?
The Wall Street Journal reports on a research note from Credit Suisse analyst Bill Shope based on meetings with Apple executives revealing that the company has apparently left the door open to future price cuts on the iPad should customer demand not meet expectations.
Shope also wrote that despite the seemingly aggressive pricing of the iPad - the lower-than-expected price points range from $499 to $829 - Apple seemed to indicate it would respond with price cuts if demand for the device wasn't revving up the way it liked. "While it remains to be seen how much traction the iPad gets initially, management noted that it will remain nimble (pricing could change if the company is not attracting as many customers as anticipated)," Shope wrote.
Many observers were surprised by Apple's entry-level price point of $499 for the iPad, with general consensus having been that pricing would come in significantly higher.
Shope also noted that Apple seems relatively unconcerned about the iPad's possible cannibalization of other Apple product sales, following on the theme presented by Apple CEO Steve Jobs during the iPad's introduction that offered a clear segmentation among the iPhone/iPod, iPad, and notebook lines.
Popular Stories
Update 10:04 a.m.: iOS 27 is rolling out now, though it may take a bit for all users to see it, so keep checking!
Apple is about to release iOS 27, which will finally deliver more advanced Siri AI capabilities as well as a variety of other refinements, improvements, and new features to iPhones. It's Apple's biggest software update of the year, and Apple announced at Wednesday's iPhone event...
Update — 10 a.m. Pacific Time: Apple has released iOS 27.
During its iPhone 18 Pro and iPhone Duo event last week, Apple announced that iOS 27 will be released widely on Monday, September 14.
iOS 27 should be available around 10 a.m. Pacific Time / 1 p.m. Eastern Time today via the Settings app, under General → Software Update.
Below, we have highlighted eight new features and...
Apple today announced a new subscription initiative that turns paid iCloud+ subscriptions into a broader services bundle in more than 100 countries.
In select countries, Apple says every paid iCloud+ plan, including the cheapest 50GB tier, now includes Apple TV and Apple Arcade "at no additional cost," while family sharing extends the storage, TV and Arcade access to up to five people....
