Apple Inc.'s $259 iPad: What You Need to Know

On Dec. 1, DigiTimes published a report in which it says Apple (NASDAQ: AAPL), the world's largest vendor of tablet computers by unit sales, is thinking about releasing a new, low-cost iPad in the second quarter of 2018 priced at about $259.

This iPad, if it sees the light of day, would come about a year after Apple introduced a $329 iPad, known simply as iPad.

Here's why a $259 iPad could make sense and what it could mean for Apple's iPad business.

Source: Fool.com