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Apple to Launch Budget iMac, iPad 6 With ‘Retina 2’ Display Next Year

When it comes to sources of Apple rumors, some of the most prevalent ones are definitely coming from analysts. Some analysts are rather hit and miss, while there are those that have a good track record. Analyst Ming-Chi Kuo of KGI Securities belongs to the latter, for his accurate predictions of Apple's future plans are well known. In a recent research note, Kuo has made some interesting predictions about the budget iMac and the 6th-gen iPad.

iPad Mini 2

Here are the highlights of Kuo's research note on Saturday:

  • According to Kuo, Apple is currently working on a new lower-cost version of its iMac desktop which will launch in 2014. He claims the lower pricing will improve overall iMac shipments by about 10 to 20 percent. As of today, the cheapest iMac is the 21.5-inch variant which retails for $1,299. He believes that this pricing is too high, which contributed to the fewer-than-expected iMacs shipped. The new "budget iMac model" will help drive sales in non-US markets.
  • Kuo also mentioned the third-generation iPad mini, which is unsurprisingly said to on the works and will launch next year. No further details were given as the 2nd-gen iPad has yet to be announced.
  • Kupo reiterated that the second-generation iPad mini with Retina Display is expected to be unveiled during the upcoming event on Oct. 22.
  • Interestingly enough, Kuo predicts Apple will increase the resolution on the iPad 6 (using Retina Display 2) and will launch alongside the iPad mini 3 next year.

It's interesting what Apple can do to increase the resolution of the iPad 3. However, it's still too early to get excited for products that will be launching next year. We'll just have to see first what Apple has in store for us during the iPad event on October 22nd.

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