iPad Air Stock Running Low Ahead of New Model Introduction
Retail stock of the current iPad Air is starting to dwindle ahead of the widely anticipated arrival of new models early next month, Bloomberg's Mark Gurman reports.
Citing sources at multiple retail stores in the latest "Power On" newsletter, Gurman said that inventory levels of the iPad Air are diminishing in Apple stores, a typical indicator that new versions are soon to be released. Unlike the iPad Air, the iPad Pro apparently remains abundantly available, which suggests that Apple might be planning to sell through its current stock even after introducing an upgraded model. Historically, Apple has managed its inventory to align with the release cycles of its products, reducing shipments of older units to make room for the latest offerings.
Expected changes coming to the next-generation iPad Air include the more powerful M2 chip and an additional 12.9-inch display size option, while the iPad Pro is rumored to receive OLED display technology, the M3 chip, and new accessories. The refreshed iPad Air and iPad Pro models are now expected to be announced during the second week of May.
Popular Stories
Apple shares have rallied 15 percent since their worst day on the stock market in more than a year, adding almost $600 billion in value since June 25 and returning the stock to record territory (via Bloomberg).
The rebound comes as investors grow uneasy about the mind-boggling sums of cash continually being poured into the AI data center buildout, despite there being no obvious indicator for ...
OpenAI's ambitions to build a hardware rival to the iPhone are already running into trouble because of Apple's trade secret lawsuit, according to Bloomberg's Mark Gurman, who argues the damage is showing up well before any court ruling.
Apple sued OpenAI last week, accusing the company of pushing former employees, and even people it was trying to recruit, to hand over details on unreleased...
OnePlus is exiting the U.S. and European smartphone markets as part of a broader restructuring at parent company Oppo, Bloomberg reports.
OnePlus is a wholly-owned subsidiary of Oppo. The change could happen as early as this week, according to a person familiar with the matter who spoke to Bloomberg. Realme, another Oppo-owned mobile brand, will exit the China market as part of the same...
