Apple rumored to cut iPad mini shipments

PanARMENIAN.Net - Apple has cut its shipments of the iPad mini to between 10-12 million units for the second quarter of 2013, DigiTimes reported citing to industry sources.

The figure is based on shipment information given from multiple sources who provide various components for Apple's iPad mini.

The decrease may be as high as 20% one month during April, the sources noted, and may continue to slightly decrease throughout the quarter to bring total shipments of the iPad mini to as low as 10 million units during the quarter.

Apple's cut comes as it is adjusting its reserves for the next-generation iPad mini, which is likely to be released in the third quarter, added the sources. However, the sources also noted that Apple's cut is because of increased competition from various 7-inch Android tablets.

Apple recently adjusted shipment estimates for its iPad and iPad mini products in 2013 to 33 million and 55 million, respectively, the sources said.