According to Gene Munster, Apple's iPad sales are expected to experience a "nice boost" this year. However, in 2025, there may be a decline in sales, says Munster.

Quick Summary:

Deepwater Asset Management's managing partner, Gene Munster has predicted that Apple Inc.'s (NASDAQ:AAPL) iPads will witness a significant surge in sales this year, however, the future might be a bit difficult. 

What Happened: On Tuesday, Munster shared his insights on the future of iPads saying that it will witness an increase in sales in June and September, but the “tailwind will likely fade in 2025.” 

In his note, shared on X, formerly Twitter, Munster said that three of the four iPad models have received long-awaited updates, including a thinner design, larger screens, faster chips, and increased memory. 

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Author / Journalist: Ananya Gairola

Category: Technology

Markets: United States

Topics: Gene Munster Benzinga US0378331005 Gadgets Tech People In Tech Appleverse AAPL Benzinga neuro News Consumer Tech

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Published On: 2024-05-08 @ 08:18:36 (1 weeks ago)

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