The Fruit Company To Increase The Price of The iPad Pro By Up To 88%
The next iPad Pro is rumored to have an OLED display, but that upgrade could come at a significant cost increase, according to The Elec.
So, what is the scoop?
According to the industry on the 9th, Apple is considering pricing the organic light emitting diode (OLED) iPad (tablet), which it plans to release for the first time next year, at around $1,500 for the 11-inch model and $1,800 for the 13-inch model.
In won, they are 1.98 million won and 2.37 million won, respectively.
When compared to the current iPad Pro lineup, the 11-inch base model would see an 88% price increase from $799 to $1500, and the 12.9-inch base model would see a 64% price increase from $1099 to $1800.
Gee, Wilikers BATMAN!
Why the price increase?
Such a significant price increase appears unlikely, as it would put the iPad Pro prices higher than the MacBook Air at $1199 and the 13-inch MacBook Pro at $1299; however, The Elec notes that these prices are lower than the 14-inch MacBook Pro at $1999.
Some of the alleged price increases can be attributed to higher display panel costs. OLED panels for the new iPad Pro models are expected to cost around $270 for the 11-inch model and $350 for the 13-inch model.
That is 2–3 times the cost of existing low-end 10-inch OLED panels. Apple is also expected to upgrade its iPad Pro models with a faster and more power-efficient M3 processor.
OLED for iPad has increased supply price by introducing new processes such as two stack tandem (two light emitting layers) structure, low-temperature polycrystalline oxide (LTPO) thin film transistor (TFT), and hybrid OLED structure (glass substrate + thin film encapsulation). It has to happen. Negotiations on the specific price of OLED for iPad are expected to begin in the summer.
It is still being determined whether this rumored price increase is actual and factual; however, knowing the fruit company, we will keep you updated if any additional reports corroborate the claim.
Please do not hold your breath; I think it will happen. 🤯🤯🤯