Reuters - Video

Edition: US | UK | IN | CN | JP

Video

U.S. Day Ahead: iPad Mini won't mean lower Apple profits

Monday, October 22, 2012 - 03:01

Oct 22 - Reuters Breakingviews Columnist Rob Cyran says the anticipated smaller version of Apple's successful iPad won't cannibalize sales and lower margins.

▲ Hide Transcript

View Transcript

Apple's next big move just got smaller with the anticipated release of the iPad -- on Tuesday. Speculation is rife about what to new device might look like ahead of the want to. Here's the latest from some of the tech blogs. This is expected to be between 78 inches the current hi pat has a nine point seven inch screen. -- why don't have a higher quality Retina Display used in the current model. Andy could -- price anywhere between a 199. To 299. Dollars. That means it could heat on price with rival products from Amazon and Google but analysts say it's smaller iPad could eat into Apple's margins. Arabs here and that actually that's not the case. If apple introduces a smaller version of its iPad margins I don't suffer as much as everyone expects. What -- Apple's going to bring a whole slew of new customers. As volume ramps up that means profit stage you. Sure I mean maybe they don't make quite as much as each item -- the way it does mean is more profits and that's what counts. An apple and the day up 4% but still well below -- September highs don't forget its earnings are out on Thursday. Tech has been disappointing so far with earnings falling by nearly 2%. If this trend continues and -- -- reports its second set of results ever. Investors want to know of CEO Mark Zuckerberg is making any progress towards turning his one million users into actual profit. The key beam -- mining companies while I had revenues which has so far eluded the social networking site. Consequently its stock has been having a tough time down about 50% since its debut. Netflix has also been beaten up by the market and things aren't expected to change when your reports. CEO Reed Hastings is that to -- profits of fallen dramatically as the company expanded to 49 countries. Wall Street is worried that company is going to ask burn through its cash from its US operations to go international. Netflix stock is down almost 40% in the past six months. For more tech coverage be sure to catch our new show tech pretty each weekday afternoons on and finally we will check in on the health of the global economy when UPS opened its books the world's largest delivery company is expected to beat out a small price and profit despite weaker exports from Asia. We'll see as CEO Scott Davis sticks to his critics and the US will grow by just 1% in the second half. Latest GDP figures are out on Friday. And stay with insider and writers TV as President Obama and governor Romney have their final face off before the November elections will carry -- Highlights of the debate and -- also. -- to what happens if there is an excellent Electoral College it's high it's not as unlikely that -- I'm betting on this -- partners.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

U.S. Day Ahead: iPad Mini won't mean lower Apple profits

Monday, October 22, 2012 - 03:01