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iPad mini shipments expected to drop 20-30% in Q213 as consumers wait for next-gen model, sources say

“Upstream sources in the iPad mini supply chain expect a 20-30% decline in shipments for the device during the second quarter of 2013 due to lacking demand in the market,” Siu Han and Alex Wolfgram report for DigiTimes.

“The lacking demand stems from consumers waiting for the release of the next generation iPad mini, said the sources,” Han and Wolfgram report. “Apple has also recently adjusted its reserves for the current iPad mini, which are estimated to be between 10-12 million during the quarter, down from approximately 15 million in the first quarter of the year.”

Han and Wolfgram report, “Apple still hopes to ship 55 million iPad minis in 2013, the sources said.”

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