Monday Apple Rumors: iPad Price Cut?

Here are your Apple news items and rumors for Monday: Apple Dropping iPad Price
to Match Amazon?: Not to alarm Apple (NASDAQ: AAPL ) shareholders still enjoying
the constant flow of cash and champagne, but rumblings around the web say the
iPad honeymoon might be over . A Monday report at Apple Insider compiled
information from two reports one from Bloomberg and another from DigiTimes
that suggests iPad 2 demand is starting to cool after two quarters of monumental
sales. The first of these reports said JPMorgan Chase & Co. analysts believe
Apple has cut its orders for new iPads by 25%, bringing order estimates down to
13 million tablets in the fourth quarter rather than 17 million. The latter
report claimed Apple, seeing a decline in demand for its tablet, might lower the
price of the device to lure consumers back in. With Amazon (NASDAQ: AMZN )
expected to reveal a $250 Kindle tablet this week and with consumers
increasingly wise to Apples ways of annually updating its devices, the company
might be forced to drop the iPads price if it hopes to see holiday sales in line
with previous expectations. Curved Glass is the New Black in 2012: Apple and
every other mobile device maker might be introducing smartphones and tablets in
the next 12 months that look markedly different than previous products. A Monday
DigiTimes report said that, according to industry sources, a type of curved,
malleable glass developed by Corning (NYSE: GLW ) called gorilla glass will be
used by G-Tech, Lens Technology, Fuji Lens and other glass screen suppliers that
work with Apple. Presumably the iPhone 6 and iPad 3 would feature curved
surfaces rather than the rigid, flat surfaces in current products. Verizon
Stands With Samsung: Verizon (NYSE: VZ ) waited a long time to partner with
Apple to sell the iPhone to millions more consumers in the U.S., but now it
looks like the telecom is biting one of the hands that feeds it. A Saturday
story originating at Litigating Apple says the telecom has sided with Samsung
(PINK: SSNLF ) in the ongoing legal tug-of-war over patent infringement between
the Korean mobile phone maker and Apple. Verizon filed an amicus brief, arguing
that the blocking of Samsungs tablets and smartphones from the market is not in
the publics best interests. As of this writing, Anthony John Agnello did not own
a position in any of the stocks named here. Follow him on Twitter at