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Apple looks to increase market domination with new iPad

“Apple will be looking to tighten its grip on the tablet market on Friday with the release of its newest iPad,” AFP reports.

“Hordes of gadget lovers are expected to lay siege to Apple stores to get their hands on third-generation iPads when they debut at 8:00 am local time in the United States and nine other countries including Australia and France,” AFP reports. “A week later the new iPads will be available in nearly 30 more countries.”

AFP reports, “It has become standard to see long queues at Apple shops on release dates, and a flood of orders for iPads at the California firm’s online store indicates the ritual will continue on Friday. ‘If pre-orders are any indication, we are going to end up with a heck of a lot of people lined up at the stores,’ said Gartner analyst Van Baker.”

“Analysts at Canaccord Genuity predicted Apple will sell 65.6 million iPads this year, raising their forecast by nearly 10 million tablets after the unveiling of the latest model,” AFP reports. “‘We believe Apple has extended its leadership position in the fast-growing tablet market,’ Canaccord Genuity said in a note to investors. ‘We believe the new iPad has raised the bar relative to competing tablets.'”

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