iPad Demand Expected to Drop

One analyst is predicting that the demand for the iPad is beginning to fade.

Bill Shope, a Goldman Sachs analyst, released a report earlier this week which suggests that Apple’s may lose its dominant position in the global tablet market if it doesn’t take some steps to boost demand. “The new Hon Hai forecast implies more limited upside to iPad units, which is disappointing for a December quarter. While improving holiday demand into late November could certainly push the momentum in the other direction, we believe it is prudent to assume the iPad is facing some near-term demand challenges.”

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