Discounted iPads sign of unsold inventory issues for Apple during the holidays
Report says Apple is eyeing a downtown L.A. retail store and corporate campus location
The holidays are almost upon us, at least here in the U.S., as retailers begin to let shoppers know what hot specials they will be offering the day after Thanksgiving.
Staples will be offering big discounts on older models of the iPad 20 percent off the iPad Air, iPad mini 2 and iPad mini with retina displays. These are not the current models, and only the iPad Air comes with an option to upgrade the storage to 32 GB (the current model’s second storage tier is 64 GB).
I suppose that for some buyers this will represent a great opportunity to buy their first iPad or upgrade from a three or four year old model. But it is also a sign that Apple’s iPad team have really fallen down. By concentrating on things that consumers do not care about – like ever thinner models – they have failed to sustain sales. Yes, even in tech, sometimes the bottom line is… the bottom line.
If you really must have the newest iPad models, Best Buy will be offering $100 off of the iPad Air 2 and $75 off the iPad mini 3 on Black Friday showing that the retailer is not confident in the demand for the new iPad models.
In other Apple news, the Downtown LA Examiner is reporting that the company is eyeing the Broadway Trade Center for a retail store and corporate campus. The building is certainly big enough for both, with several hundred thousand square feet of available space.
The building is located download on Broadway (duh) between 8th and 9th Streets.
It should be mentioned, for personal reasons, that just up the street at 11th and Broadway still stands the old Los Angeles Herald Examiner building, designed by Julia Morgan, the same architect that designed Hearst’s San Simeon Castle. The building has stood vacate ever since Hearst closed the newspaper in 1989.