Consumer Electronics
New Apple iPad Launches This Month in China
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Apple Inc. (NASDAQ: AAPL) has just announced the formal roll-out plan for the new iPad in China. The “third generation of its category defining mobile device” will debut in China on Friday, July 20. That being said, all revenues recognized will not be included until the earnings report until October. The new iPad features:
Prices are as follows in black or white models (in US Dollars):
China has been one of the great growth drivers for Apple in recent quarters. The question we have is whether or not China is slowing so fast that the launch will be muted. Apple has so far managed to grow in good times and bad times.
JON C. OGG
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