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Technology Stocks : Apple Inc.
AAPL 274.88+0.4%11:07 AM EST

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To: HerbVic who wrote (143529)10/25/2012 5:50:06 PM
From: zax1 Recommendation  Read Replies (6) of 213177
 
>> At least for this quarter, I expect it to sell like hotcakes

Anyone who is aware of the $199 Nexus would not buy the $329 iPad.

You would be banking on general consumer ignorance. And Google is both marketing the hell out of the Nexus; and has the placement to do it.

I simply do not see people buying both an iPad Mini and iPad in any volume. Its one or the other.

There is nothing the iPad mini can do except divide sales.

The only thing for Apple to do is drop the price. And that will hit margins, and further cannibalize the iPad Maxi.

Lets not even talk about the $299 Kindle Fire HD 8.9”...
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