Many anticipate the ipad 3 release date to snatch up an ipad 2 at a lower price. People expect a price decrease by Apple because the ipad 2 release lowered the price of the original ipad by $100 until Apple sold out. Will Apple do the same with this release? I expect they will.
With steep competition in the tablet market Apple may not have a choice but to lower prices. Many companies offer similar products like Amazon’s Kindle Fire, Sony’s Tablet S, and Samsungs Galaxy Tablet. With all of these companies offering their products at a significantly lower price, Apple may feel the pressure to cut their prices.
Many speculate Apple will reduce the price of the ipad 2 by as much as $200. Meanwhile, the lowest base price for ipad 3 will likely be $499, or the same price as the ipad 2. However, Apple will probably stop producing the ipad 2 once they unleash ipad 3 on the world. Unfortunately, the reduced price ipad 2 will only last as long as the supplies do, much like the original ipad.
