Apple's iPad Mini Steals Spotlight: Tech Weekly
NEW YORK (TheStreet) -- Guess who's back? Back again? I've been away from this column for a few weeks due to vacation, but I'm taking back "Tech Weekly" for good, and I'm not letting it go.
Apple(AAPL) was the talk of tech town this week, not only for the iPad Mini that may or may not be launching, but also for what Amazon(AMZN) is doing to counter the iPhone.
Apple is reportedly launching an iPad Mini later this year, which would compete with the likes of Amazon's Kindle Fire and various Google(GOOG) Android-based tablets.
"A 7"-8" device at $299 effectively eliminates those advantages for Android and forces Android devices to compete more on software, where we believe iOS still holds a meaningful advantage," wrote Piper Jaffray analyst Gene Munster in a note. "We remain confident that Apple will maintain and potentially increase its tablet market share over the next four years." Munster estimated Apple could sell anywhere between 4 million and 6 million of the rumored iPad Minis in the holiday quarter.
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Speaking of iPad news, Apple also announced this week that its latest iPad, which was launched in March, will go on sale in China starting July 20.