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Stock impact report

Apple Plans New iPad Pro for May as Production Ramps Up Overseas [BNN Bloomberg (Canada)]

Apple Inc. (AAPL) 
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Company Research Source: BNN Bloomberg
The release will center on revamped versions of the iPad Pro and iPad Air, said the people, who asked not to be identified because the plans aren't public. As Bloomberg News has previously reported, the Pro models will get crisper new OLED displays — short for organic light-emitting diode — while the iPad Air will get a 12.9-inch screen option for the first time. The move marks an end to the longest stretch without new models in the history of the iPad, which was first introduced by Apple co-founder Steve Jobs in 2010. It's been about 18 months since the last updates — a drought that's contributed to already-sluggish demand for tablets. Apple is betting that the new models, with faster chips and revamped accessories, can help spur a renaissance for the category. After a run-up during the pandemic, iPad sales have fallen in each of Apple's last two fiscal years, which run through September. They suffered an additional 25% year-over-year decline during the latest holiday period, wh Show less Read more
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