iPad 5

Even though it was predicted previously that we wouldn’t be seeing a new iPad model, whether that be iPad 5 or iPad Mini 2, until at least 2014, an Apple analyst has released a report suggesting otherwise.

ipad 5

According to KGI Securities’ Ming-Chi Kuo, Apple are set to release an A7X-based iPad and iPad Mini before the year is out. Kuo, who has a solid track record in correctly predicting Apple’s movements and upcoming products, believes that there will be two new tablets this year, with a further lower end budget one in early 2014.

The fifth generation iPad and the second generation iPad Mini are predicted to have an A7X chipset offering a significant performance enhancement. That spells a huge upgrade for the current generation Mini that is running the A5 processor. However, it rumours are correct, the Mini 2 could be getting a retina display so the extra horsepower would come in handy.

Kuo does address the fact that the two models were previously marked for a 2014 release, but apparently Apple have accelerated development of the devices in order to stay competitive in a market that is seeing an increasing number of competitive lower-priced devices being introduced.

iPad 5 and iPad Mini 2 Predicted

“Since iPad mini 2 will feature better resolution with retina display, we think its AP will have the same grade as iPad 5 – the A7X.

But we now believe that iPad mini 2 may be pulled in for launching in late 2013. Since other brand vendors are all expected to have a line-up of new high resolution 7-8” tablets to launch over the next 3-6 months, we think iPad mini 2 may lose its opportunity in the market if it is slated for introduction next year.

Despite minimal form factor differentiation and unchanged casing colors, we think the retina display will still boost iPad mini 2’s attractiveness. Although the model’s availability is small due to production issues, if iPad mini 2 gets an introduction and launch this year, it should be able to impact consumers and freeze their budget for other brand vendors’ tablets.”

You can expect that if the above predicted is true, to see the iPad 5 and the Mini 2 released around the October/November mark, just in time for the holidays.

Let us know your thoughts in the comments below.