Report: When iPad 3 is Released, Apple Could Offer iPad 2 For as Low as $299

Jan 3, 2012  •  Post A Comment

"Though Apple already dominates the tablet market, the company could ward off growing competition and increase its sales even further by selling the iPad 2 for as low as $299, one analysis has projected, reports the Apple Insider..

According to the story, "The new take from Taiwanese industry publication DigiTimes offered on Tuesday projects that Apple will keep its current iPad 2 available after it launches a third-generation iPad in the coming months. At most, it projects that the iPad 2 price will drop to $399 for the entry-level model, which would be $100 less than the current cheapest model, and would be a strategy similar to what Apple has employed with its iPhone lineup."

The story adds, "But Apple could be even more aggressive and price the iPad 2 even less, potentially at $349 or even as low as $299, the analysis concluded. A $299 iPad 2 is seen ‘seriously’ affecting Apple’s tablet competitors, including the Amazon Kindle Fire, which has created a new low-end tablet market with its $199 price."

The article also notes, "The same publication reported last month that Apple will launch a new high-end iPad model with an 8-megapixel camera and high-resolution Retina Display, along with a mid-range model equipped with a 5-megapixel camera.

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