AAPL: Will The iPad Mini Help To Expand The 7" Tablet Market?

Will The iPad Mini Help To Expand The 7" Tablet Market?
by Christopher Cowan

Apple (AAPL) released the news Tuesday that they are launching their own smaller tablet to compete with Google (GOOG) and Amazon (AMZN). When announcing the iPad Mini, Apple put up a side-by-side display between it and the Nexus 7. Apple clearly sees the 7" tablet market as something it wants to get into and dominate as they do in the larger tablet market. Recently IDC has raised their forecast for tablets from 107 million to 117 million units for 2012. The tablet market is growing fast and IDC is even forecasting over 165 million units in 2013. read more »

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