A cheaper iPad Mini 'expected,' says Citi
The iPad Mini is already cheap at $329. But Apple is expected to go even lower, according to a report out Tuesday from Citi Research.
Ciit's Glen Yeung said in a note to investors that Apple is shifting toward more inexpensive products.
"Supply chain checks by Citi's Asia-Pac Technology Team suggest a mix shift surprisingly toward Apple's older iPhone4/4S," he wrote.
Then added. "And with our expectation of a low-end iPhone slated for September launch, followed by a sub-$250 iPad Mini, we expect this trend to persist."
While there has been … Read more