Apple to launch low-priced iPad for education next week

Apple will reportedly follow up the innovation that it showed in the iPhone X with the launch of a foldable iPhone in 2020, according to a note to clients from Bank of America Merrill Lynch.

According to a study in March 2017 from Futuresource, Google's cheap Chromebooks and Microsoft's focus on releasing affordable 2-1 notebooks have helped play a role in Apple's decline in this space. (GOOGL), according to a Bloomberg report.

Many are holding out hope that Apple will release a cheaper MacBook model.

Not much is known about the new iPad, other than the fact that it will take the place of the current 9.7-inch iPad, which is priced from $329 with 32GB of onboard storage and is powered by an Apple A9 processor. The company offers a software coding curriculum via the Swift Playgrounds app and sells interactive textbooks through its e-book store.

In an invitation to the Chicago event, Apple said it will introduce "creative new ideas for teachers and students". As more Apple devices use the Pencil, the stylus pen's sales are expected to rise up to 9 to 10 million in 2018.

However, Apple is known to have filed patents for devices with foldable screens over the past few years, and it is no secret other companies also have looked closely at making phones with dual screens.

Ultimately, I think Apple would be better served by letting this (admittedly mediocre) iPhone cycle play out as it has been and then coming back in full force in the next product cycle.

Of course, we'll be covering everything Apple announces at its event next week so be sure to stay tuned.

Apple is hosting an event in Chicago next Tuesday, March 27, at 10am ET with a focus on education. The world's most-valuable technology company also plans to showcase new software for the classroom. Important new hardware is unlikely to break ground as Apple would probably want to reveal its new gadgets in its brand new Steve Jobs Theatre, but still, don't immediately jump to conclusions - we suppose a couple of devices could get announced on stage. That device was essentially an older model with upgraded internals being offered at a lower price, and CEO Tim Cook has said that "bifurcating iPad and iPad Pro" is working wonders already. It is still unknown if the event will be availble for live streaming.

  • Arturo Norris