Apple Should Be in 'No Rush' on iPad 3 as RIM's PlayBook Falters

According to a new research note from J.P. Morgan's Mark Moskowitz summarized by AppleInsider, Apple is unsurprisingly working on prototypes for the iPad 3, but should be in "no rush" to release the device as competitors have yet to put forward compelling alternative devices.

Analyst Mark Moskowitz with J.P. Morgan revealed on Friday that his conversations with industry insiders have revealed that Apple's next iPad will not be available until sometime in 2012, even as prototypes for the device begin to circle in the supply chain.

"In our view, Apple should be in no rush," he said. "The other tablet entrants have stumbled so far, and that trend-line could persist deep into 2012."

Moskowitz's report comes as yet another competing tablet exhibits poor marketplace performance, with Research in Motion reporting (PDF) yesterday that it shipped only 200,000 PlayBook tablets during its second fiscal quarter of 2012 that ended on August 27th. It is unknown how many of those shipments translated into sales to end users. In contrast, Apple shipped 9.25 million iPads during its most recently completed quarter.

ipad 2 oblique
Apple had been rumored to be trying to launch the iPad 3 sometime near the end of this year, but has now reportedly settled on an early 2012 debut. Some reports have claimed that technological difficulties with building a Retina display for the iPad 3 forced Apple to cancel any plans of a 2011 release for the device.

Continued word of a 2012 release for the iPad 3 comes as TiPb notes that Target is listing at least some of the current iPad 2 models as "discontinued" in its internal store inventory systems. Such stock systems can be unreliable indicators, however, and thus it is not believed to be suggestive of an imminent iPad 3 launch. The reason for the change in status does, however, remain unknown.

Related Roundup: iPad
Buyer's Guide: iPad (Buy Now)
Related Forum: iPad

Top Rated Comments

Tones2 Avatar
149 months ago
An iPad 3 rumor is totally distracting us from concentrating on the hundred's of contradictory iPhone 4s / 5 rumors.

Focus people! :)

Tony
Score: 36 Votes (Like | Disagree)
Caliber26 Avatar
149 months ago
I don't believe, for one minute, that Apple intended to release an iPad-3 this year. Especially not so close to the iPhone-5, and especially not while the iPad-2 is just now catching up with demand since its release.

I think they'll just release it in the March/April timeframe REGARDLESS of where the competition stands. I'm sure Apple is not fazed by them one way or the other.
Score: 31 Votes (Like | Disagree)
C00rDiNaT0r Avatar
149 months ago
:apple:
iPad dominates competition.

What competition? :p
Score: 20 Votes (Like | Disagree)
BillyBobBongo Avatar
149 months ago
Analyst Mark Moskowitz with J.P. Morgan revealed on Friday that his conversations with industry insiders have revealed that Apple's next iPad will not be available until sometime in 2012, even as prototypes for the device begin to circle in the supply chain.

Can we stop giving these people credibility for stating the bloody obvious?!
Score: 17 Votes (Like | Disagree)
igazza Avatar
149 months ago
What do you mean no rush??? Apple needs to ****ing beat windows 8!!

Windows metro will have 3 hours of battery. :cool:
Score: 10 Votes (Like | Disagree)
DrJohnnyN Avatar
149 months ago
:apple:
iPad dominates competition.
Score: 10 Votes (Like | Disagree)

Popular Stories

iOS 16

iOS 16.3 Now Available for Your iPhone With These 4 New Features

Friday February 3, 2023 1:13 pm PST by
Apple released iOS 16.3 in late January following nearly six weeks of beta testing. The software update is available for the iPhone 8 and newer, and while it is a relatively minor update, it still includes a handful of new features, changes, and bug fixes. Below, we've recapped new features in iOS 16.3, including support for physical security keys as a two-factor authentication option for...
HomePod 2 White and Midnight Feature Purple Blue

Apple Explains Why HomePod Was Released Again, Wi-Fi 4 Limitation, and More

Thursday February 2, 2023 7:57 am PST by
Apple's VP of hardware engineering Matthew Costello and product marketing employee Alice Chan recently spoke with Men's Journal and TechCrunch about the new second-generation HomePod in wide-ranging interviews about the smart speaker. Apple discontinued the original full-size HomePod in March 2021 after multiple reports indicated that sales of the speaker were lackluster, but Chan told Men's ...
Apple Silicon Teal Feature

The Next Big Apple Silicon Device May Not Be a Mac or iPad

Wednesday February 1, 2023 3:57 am PST by
Apple's next device with an Apple silicon chip may not be a Mac or an iPad, but rather an advanced external display, according to recent reports. The display, which is rumored to arrive this year, is expected to sit somewhere between the $1,599 Studio Display and the $4,999 Pro Display XDR – but more exact information about the device's positioning and price point is as yet unknown. While ...
iOS 16

Apple Preparing iOS 16.3.1 Update for iPhone as Wait for iOS 16.4 Beta Continues

Thursday February 2, 2023 6:41 am PST by
Apple appears to be preparing an iOS 16.3.1 update for the iPhone, based on evidence of the software in our website's analytics logs this week. It's unclear when the update will be released, but it will likely be available at some point in February. The same logs have accurately foreshadowed the release of several previous updates, including iOS 16.0.3 and iOS 16.1.1 most recently, so they...
General iOS 16 Feature Yellow

Five New iOS Features Coming to Your iPhone Later This Year

Tuesday January 31, 2023 11:58 am PST by
Apple has previously announced several upcoming iOS features that are expected to be added to the iPhone this year. Some of the features could be introduced with iOS 16.4, which should enter beta testing soon, while others will arrive later in the year. Below, we have recapped five new iOS features that are expected to launch in 2023, such as an Apple Pay Later financing option for purchases ...
Apple Pay Later Quick Green Feature

Apple Pay Later Launching 'Soon'

Thursday February 2, 2023 2:10 pm PST by
The Apple Pay Later service that Apple has in the works is set to launch "soon," Apple CEO Tim Cook told CNBC ahead of today's earnings call for the first fiscal quarter of 2023. Cook said that Apple employees are beta testing the Apple Pay Later feature, which will help Apple boost services revenue. "It will be launching soon," Cook said. Apple Pay Later was first previewed at the...
webkit vs chromium feature

Google Working on Browser for iOS That Would Break Apple's App Store Rules

Saturday February 4, 2023 1:30 am PST by
Google's Chromium developers are working on an experimental web browser for iOS that would break Apple's browser engine restrictions, The Register reports. The experimental browser, which is being actively pursued by developers, uses Google's Blink engine. Yet if Google attempted to release it on the App Store, it would not pass Apple's App Review process. Apple's App Store rules dictate...