iPad Upgrade Announcement in Works?

It’s about time that Apple announces its plans to host a major product event, or so says noted analyst of Piper Jaffrey & Co.’s Gene Munster.

According to the expert, the tech giant should be in line to host the next major product event in April, due to the amount of time passed and referencing past launch dates. He also believes that the event will be highlighted by an iPad redesign. 

“We believe that looking at the history of time between Apple product launch events suggests that the company will introduce something new in March or April,” Munster wrote Friday morning. “Over the past two years, the spring event has been iPad updates.”

The newest addition to the iPad came in October, when Apple announced the iPad mini, which inevitably overshadowed the minor upgrades to the full-size tablet. This time around, Munster believes that the new design enhancements to the iPad will be closer to that of the iPad mini, which will also get a slight update.

“We believe Apple could update the full-sized iPad to a body style similar to the iPad mini,” he continued. “Additionally, we believe that the iPad Mini could get a Retina display, although that may happen later in the year given the supply constraints Apple faced on the Mini in the December quarter.”

Munster noted that he had to browse through several years of Apple events to reach a ballpark projection on the next Apple event. Over the last few years, he noted that the tech giant has averaged an announcement for every four months, the longest gap of which took seven months (iPad 2 launch in March 2011 and iPhone 4S launch in October 2011).

The next event will hopefully build anticipation for Apple’s latest venture — the Apple TV –which is preparing to launch by the end of 2013.

[per: wallstcheatsheet.com]

Image credit: poynter.org