iPad mini hasnâ€™t even been out long and analysts are already predicting the new iDevice will prove to be the doom of rival tablet manufactures. Sterne Agee analyst Shaw Wu feels like the iPad Mini will grow to be an immense threat to other brands of tablets.
Wu thinks other manufacturers have done a lousy job at designing a device for the $400-and beyond sector. He feels that if Apple will release a tablet priced under $300, the situation would become even more dramatic.
"We continue to believe iPad mini is the competition's worst nightmare and will likely slow down adoption of competitor tablets. In particular, we believe this could end up being a very tough holiday season for Windows 8,â€ said Wu in his note to investors.
Even with iPads being priced starting with $399, Android tablets are finding it increasingly difficult to compete with the tablets put out by Apple. Nevertheless, it is still unclear if Cupertino will decide to design a tablet whose price will be cut off as to reach the $199 segment which tablets like Amazon Kindle Fire HD and Google Nexus 7 rule at the moment.
Wu also pointed towards Microsoftâ€™s Surface RT tablet which he feels is extremely overpriced at $599.
Even if the iPad mini was first rumored to be priced in the $249-299 range, Wu believes that the current price wonâ€™t affect the sales of the shrunken tablet. He reminds readers of what happened with the iPod mini and iPod nano.
"This controversy reminds us of what happened with iPod mini and iPod nano. Both predecessors were criticized as being overpriced but went on to do much better than expected. The key reason being high quality at a reasonable price and we see something similar here."
iPad mini is Windows 8 hardware makers' worst nightmare, analyst says