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Apple is one of the biggest retailers of iPads in the world. With up to 2 million units sold a day, the U.S. company is not sparing on information to the media on how popular the device is.
Indeed, a majority of iPad users ordered the device by their own and not through Apple’s in-store organization Apple Store.
Barclays analysts recommended investors to purchase iPads at a 24 percent premium, assuming a life-cycle value of $1072 per unit.
With the company adding $11 billion in net income from its iPad operations, Apple saw its third-quarter iPad sales volume hit 40.1 million units.
The momentum to sell the tablets has not waned. It is estimated that by the end of 2014, there will be at least 250 million iPads in use around the globe.
Apple will continue to further improve and popularize its product lineup in the coming years. This is in line with its “Great Store Strategy” that is aimed at attracting more buyers of its tablets.
The company is also figuring out ways to make its iPads and iTouches more useful to its customers. It is not aware that iPad users are feeling that their tablets have outgrown the functions they were intended for.
In fact, to its dismay, Apple is facing a shortage of iPad 2 models.
In this regard, the company is also working with Verizon, the biggest carrier provider in the United States, to improve the functionality of the tablet. It has also vowed to continue building the tablet with faster processing and better camera features.
The iPad 3 is expected to make its way back to the market before the end of 2013. By now, consumers will be able to buy the third-generation device in the store.
Indeed, Apple is believed to be pursuing a partnership to sell the devices directly to consumers.
In the meantime, the company also plans to increase the capacity of its iPad mini in the next quarter. This move will make a bigger impression on the customers who are considering tablets as a second or third device.
Apple’s iPad 2 could be a solid competitor. It is also expected to make its return to the market amid new improvements.
The company plans to make the tablet easier to access with in-store functionalities such as online shopping, banking, and even ordering online