Apple Prepping iPad Mini Refresh? Top Analyst Says Stock Shortages Hint At AI-Powered Update After Two-Year Hiatus
Portfolio Pulse from Ananya Gairola
Apple Inc. (NASDAQ:AAPL) is reportedly facing stock shortages of the iPad mini, leading to speculation about an upcoming AI-powered update. The device hasn't been refreshed since 2021, and a new version could be announced soon. This comes as Apple prepares to unveil new products, including the iPhone 16, amid recent sluggish sales.
August 27, 2024 | 2:45 am
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Apple is experiencing iPad mini stock shortages, suggesting a potential update with AI features. This could positively impact Apple's stock as it aligns with upcoming product launches, including the iPhone 16, which aims to boost sales.
The shortage of iPad mini stocks suggests a new model may be released soon, potentially with AI features. This aligns with Apple's strategy to refresh its product lineup, which could positively influence investor sentiment and stock price, especially as the company faces sluggish sales.
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