Next Generation iPad mini to Begin Mass Production in 1Q24 [Kuo]

Apple's next generation iPad mini will likely begin mass production in the first quarter of 2024, according to a new report from TF International Securities analyst Ming-Chi Kuo.

The analyst expects iPad shipments to drop in 2023 as Apple may not introduce any new models until the arrival of a new iPad mini in early 2024.

There may be no new iPad releases in the next 9-12 months as the iPad mini refresh is more likely to begin mass production in 1Q24. Thus, I'm taking a cautious approach to iPad shipments for 2023, predicting a YoY decline of 10-15%.


Despite a potentially slow 2023 for iPad, Kuo is positive about 2024 which could see the launch of a new foldable iPad with a carbon fiber kickstand and an updated iPad mini.

Currently, the iPad mini 6 is on sale for $469 in all four colors, a discount of $30 off.

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