What's All The Hubbub About Over The iPad Mini Pricing?
by Scott Rothbort
What was all the hubbub about over the Apple (AAPL) iPad Mini's pricing of $329? I am talking about its base 16 gigabyte model I guess that traders and analysts expected the pricing to come in at $299 in order to be somewhat more competitive with Amazon (AMZN) Kindle's price tags. Which Kindle is the Mini supposed to compete with? The 7 inch Fire HD model for $199 or the Fire HD 8.9 inch which sells for $299? I am sticking with wi-fi only models for comparison. The Mini has a 7.9 inch screen and the iPad4 has a 9.7 inch screen. I would guess that we have to compare the 7 inch fire with the 7.9 inch Mini, So let me get this straight…. the expected price of $299 was to be highly competitive with $199 in the minds of analysts and traders? When you analyze it this way, it sounds ridiculous. So, what is the big deal between $329 and $299? I will tell you what -the 7 inch 16 gigabyte Samsung Galaxy sells for $349. That's the real competition if you ask me. In the end, $329 means better margins for Apple while being cheaper than Samsung. read more »
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