Apple Reacting to Amazon? Apple Planning a $249 to $299 ‘iPad Mini’ This Year [RUMOR]

Thought Apple wasn’t changing its marketing strategy when Amazon released its tablet? Think again look what Todd Wasserman from Mashable has been hearing. “12 hours agoby Todd Wasserman 30 A month after Apple delivered its new iPad, rumors are heating up about a new iteration of the tablet designed to compete with Amazon’s Kindle Fire. The latest rumor to make the rounds is that Apple is planning to produce 6 million smaller iPads for sale some time in the third quarter. The report, from Chinese portal NetEase, was translated by Kotaku. The NetEase report is based on “Taiwan media reports” and is said to be based on orders that Apple is placing to factories in the region, notably Honhai Precision (Foxconn) and Pegatron. The report comes after The Korea Times wrote last month that Samsung was supplying Apple with “new PLS-based LCD technology for smaller iPads.” An unnamed Samsung official also told the publication that Apple was “planning to release a smaller iPad, probably with a 7.86-inch screen,” later this year. The current iPad has a 9.7-inch screen. Despite the latest reports, though, there are reasons for skepticism. First, rumors of a smaller version of the iPad have circulated since Apple’s initial introduction of the product in early 2010 and have not come to pass. Second, Apple co-founder Steve Jobs was famously skeptical of 7-inch tablets, calling such devices “tweeners” that are too big to compete with smartphones and too small to vie with the iPad. Finally, Apple would likely cannibalize sales of its pricier iPads if it released a smaller, cheaper model. Since Windows 8-based tablets set to hit the market later this year will be more in the price range of the current iPads, the real competition for Apple on the low end will be from Amazon’s Kindle Fire. However, Apple’s first-quarter results revealed that Amazon’s entry had a minimal impact on iPad sales.” Let the Tablet wars begin!

Looks like Samsung overtook Nokia in Phone handset sales!

For its first time looks like Samsung probably has over taken Nokia in Phone Handset Sales reported Jun Yang in Seoul on Bloomberg today reprinted below… ” Samsung Electronics Co. (005930), Asia’s largest electronics maker, probably overtook Nokia Oyj (NOK1V) as the top handset seller for the first time, helped by the popularity of the Galaxy smartphones, according to analyst estimates. The South Korean company may have shipped about 92 million mobile phones, including basic types, in the first quarter, according to the median of five estimates in a Bloomberg News survey. Nokia sold 83 million units, with 12 million smartphones and 71 million low-end models, during the three-month period, the Espoo, Finland-based company said yesterday. Samsung Probably Overtook Nokia in Phone Sales Chris Ratcliffe/Bloomberg A Samsung Nexus smartphone on display at the Mobile World Congress in Barcelona. A Samsung Nexus smartphone on display at the Mobile World Congress in Barcelona. Photographer: Chris Ratcliffe/Bloomberg The gap could end Nokia’s 14-year reign in the global mobile-phone market. While Samsung has been benefitting from the popularity of Galaxy phones running Google Inc. (GOOG)’s Android operating system, Nokia has been losing market share as consumers choose the iPhone from Apple Inc. (AAPL) and Android devices over products using its Symbian software. “Samsung is displacing Nokia fast,” Lee Sun Tae, a Seoul-based analyst at NH Investment & Securities Co., said by phone.“Nokia, with no competitiveness in smartphones, will keep losing ground.” James Chung, a Seoul-based spokesman for Samsung, declined to comment on the numbers, citing company policy not to disclose handset shipment figures. Doug Dawson, a spokesman for Nokia, also declined to comment on the analysts’ estimates. Samsung Profit Samsung, based in Suwon, South Korea, last week reported first-quarter operating profit that exceeded estimates. Nokia is allying with Microsoft Corp. (MSFT) to adopt the U.S. company’s mobile-phone operating system, instead of joining Samsung, HTC Corp. (2498) and other companies in using Android, to recover market share. Nokia reported an operating loss for its mobile-phone division yesterday, while forecasting earnings won’t recover this quarter as emerging market handset sales slumped and margins on smartphones shrank. Nokia declined as much as 7.8 percent to 3.01 euros in Helsinki, the lowest intraday price since April 1997, and traded down 7.5 percent as of 12:33 p.m. local time. The stock slumped 14 percent yesterday. “Nokia is slower than expected in responding to the smartphone market, whereas Samsung is doing better with models like the Galaxy Note,” said Kim Young Chan, a Seoul-based analyst at Shinhan Investment Corp. “The net result is Samsung edging out Nokia faster than expected.” Samsung fell 2.9 percent to 1,273,000 won at the close of trading in Seoul. The stock has climbed 20 percent this year, outperforming the benchmark Kospi index’s 8.8 percent advance. Nokia has declined 20 percent in the period. Galaxy Phones Kim said he had forecast Samsung’s overall handset shipments would surpass Nokia’s from the second half this year. Samsung probably sold 44 million smartphones in the first quarter, more than …

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