Apple To Launch 7.85-inch iPad in 2012

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Published on: Dec 19, 2011
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According to sources in the supply chain, DigiTimes reports that Apple (NASDAQ:AAPL) is likely to launch a 7.85-inch iPad before Q412 in addition to another iPad scheduled to be released at Q1-end.

Apple has been persuaded into the development of the 7.85-inch devices to cope with increasing market competition from the 7-inch Kindle Fire (NASDAQ:AMZN).

Apple (NASDAQ:AAPL) has potential upside of 34.3% based on a current price of $378.94 and an average consensus analyst price target of $509.09.

#hindinews#hindivideo#Rajan


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