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Apple iPad 3 to Launch at Current Price Points as iPad 2 Discounted, Discontinued

Customer Using iPad at Apple Store

 (Reuters)

Apple is expected by many to break from its typical cycle of releasing new mobile device models annually when it launches the iPad 3 ahead of the holiday season this year. 

The new iPad model will supposedly feature a high-resolution Retina Display, and earlier reports suggested that the new tablet would be an iPad Pro model that would compliment the iPad 2 rather than replacing it. 

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A new report from Taiwan Economic News claims that Apples third-generation iPad could launch at the iPad 22s current price points, however, and Apple will then discount the iPad 2 in order to clear inventory. 

Apples original iPad models were discounted by $100 each  and by as much as $300 by third-party retailers  following the launch of the iPad 2, and Taiwan Economic News cites anonymous industry executives in claiming that Apple may use a similar formula to clear iPad 2 inventory once the next-generation tablet launches. 

The report also notes that Apples iPad 3 will launch by this Thanksgiving or next year.

This content was originally published on BGR.com

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