Apple has a launch event scheduled next week. The invite suggested that it would focus on the ed tech market, and now it appears that the presentation will center on a price cut for the iPad.
Apple is preparing to introduce new low-cost iPads and education software next week in a bid to win back students and teachers from Google and Microsoft.
In its first major product event of the year, Apple will return to its roots in the education market. The event on Tuesday at Lane Technical College Prep High School in Chicago will mark the first time Apple has held a product launch geared toward education since 2012 when it unveiled a tool for designing e-books for the iPad. It’s also a rare occasion for an Apple confab outside its home state of California.
In Chicago, the world’s most-valuable technology company plans to show off a new version of its cheapest iPad that should appeal to the education market, said people familiar with the matter. The company will also showcase new software for the classroom, said the people, who asked not to be identified discussing private plans. Apple declined to comment.
Steve Jobs made schools a priority for Apple early in its life. But as the company has driven toward mass-market and higher-margin products in recent years, Google and Microsoft have had success breaking into classrooms with inexpensive laptops and tablets. Last year, the global educational technology market generated $17.7 billion in revenue, according to research firm Frost & Sullivan.
This is of course only a rumor, but it does make sense and it fits with Apple's past trends.
Apple has cut the price on the iPad several times. The lowest-priced 9.7" model now costs $329, down from $499 when the iPad launched 11 years ago, so it makes perfect sense that Apple could be planning to cut the price again.
This is great news for me. I lost my iPad, in 2016, and now will be a good time to replace it.