iPad Rumors: Production Begins For New 9.7-Inch Device

Aug 12, 2014 04:10 PM EDT | Matt Mercuro

Apple's suppliers have started making new iPad tablets in an attempt to revive sales of the device, Bloomberg confirmed, citing people "with knowledge of the matter.

Apple helped create the tablet market in 2010 with its first iPad.

It has since seen growth drop significantly from 2012, as larger phones became more popular and people delayed replacing their tablets.

Mass production of the iPad with a 9.7-inch screen has already started, and is expected to be unveiled sometime during the end of the current quarter or early next quarter.

A new version of the 7.9-inch iPad mini is also entering production. The new mini should be available by the end of 2014, Bloomberg reported.

Apple has not commented regarding the deal yet.

International Business Machines Corp said back in July that it would partner just with Apple to sell iPhones and iPads. The deal could rejuvenate the tablet's sales by entering into a largely untouched corporate market, according to Bloomberg.

Apple sent out 13.2 million iPads in the June quarter, 8 percent less than a year earlier.

Sales for iPads, which accounted for 15 percent of revenue, fell short of Wall Street's expectations last quarter, and for the second consecutive quarter overall.

Apple is also preparing to release at least one new iPhone this fall.

The company's next iPhone, expected to be called the iPhone 6, will come available in two sizes: 4.7-inch and 5.5-inch display options. The larger of the two may not be available until 2015 due to production issues.

Apple is scheduled to host a special media event on September 9. 

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