Apple Plans To Bring Fast, Slimmer and New Look iPad Series For This Year
Apple Plans To Bring Fast, Slimmer and New Look iPad Series For This Year

Apple Could Release Newer, Faster iPad Models In April This Year, Says Report
Apple is preparing to soon announce their new series of high-end iPads, here is what we know so far

Apple is said to be working on a new series of newer, faster Apple iPads, which may be launched as early as April. According to a story published by Bloomberg on Wednesday, Apple is planning to improve the new iPad Pro models with improved cameras and faster processors. According to the study, Apple AAPL, -2.33 percent will release two tablet versions with 11-inch and 12.9-inch displays.

Apple’s spokesman didn’t comment regarding the release right away. According to the study, newer features may include a Mini-LED screen.

The iPads are supposed to have processors similar to the M1 chip used in the existing MacBook Air, MacBook Pro, and Mac mini computers.

Last November, Apple released a new line of Macs, marking the first batch of machines to use Apple-designed M1 processors. The new MacBooks have outperformed more expensive Macs powered by Intel INTC, -1.19 percent processors, according to critics.

The company’s newer iPads are a play on the work/school-from-home phenomena that have arisen as a result of the COVID-19 pandemic and have proved profitable. In January, Apple recorded its first $100 billion quarter in revenue, fueled by its latest iPhone models.

iPads brought in $8.44 billion in sales, up from $5.98 billion a year ago and above the company’s estimate of $7.38 billion. Sales of iPods, MacBooks, and wearables drove up revenue in China during the time.

Apple’s stock has suffered this year, sliding below 6% as investors preferred more value-oriented plays that are closely related to an economic rebound. Both last year and this year, Apple stock increased by 80%. This is considering reports that the firm may one day manufacture an Apple Vehicle, which Citigroup analysts expect would raise the company’s market cap from $2 trillion to $3 trillion.