Apple Inc.
(AAPL) will unveil
the next generation of iPad tablets around mid-October, a person with knowledge
of the plans said, as the company bolsters its product lineup ahead of the
holiday shopping season.
Chief Executive
Officer Tim Cook is working to shake up the iPad line
as sales of the tablets, Apple’s second-biggest product by revenue, have declined for two straight quarters. The company
hasn’t introduced a new iPad since last October, and consumers have instead
been shifting to smartphones with bigger screens.
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