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January 30, 2013

Apple’s 4th-generation,128GB iPad debuts in India Rs. 49,900

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Apple has introduced a 128GB variant of the 4th generation iPad with Retina Display. The tablet has been priced at Rs. in India  costing 49,900 for the Wi-Fi only variant and Rs. 56,900 for the Wi-Fi + Cellular options. According to Apple, the new option will be available starting Tuesday, February 5, in black or white.

 According to a global survey, India ranks number two in tablet penetration after China ( source : CIO ) (India has the second-highest penetration of tablet PCs globally, with 10 percent of respondents owning one. Future growth for tablet PCs in India also looks strong with 10 percent of Indian respondents planning to purchase a tablet PC this year

Apple is on its way to launching spree as it tries to innovate and make  incremental changes in its iPad  series. Among several Improvements which are happening compared to the predecessors, included a beefed-up processor, improved LTE support and inclusion of the new Lightning connector that first shipped with the iPhone 5.

Apple’s iPad has been available in 16GB, 32GB and 64GB variants since launch, and the  128GB variant marks the first departure from the norm.
 
Apple sold over 22.9 million iPads in Q1 2013, though it did not reveal the breakdown of sales between 3rd/ 4th-generation iPads and iPad minis. The launch comes at a difficult time for Apple, with the company’s stock caught in a downward spiral for quite some time. It recently lost the crown of the most valuable company to ExonnMobil. While the launch itself is unlikely to arrest that slide, it will be interesting to see Apple’s moves in the markets from here on.