Apple 'unlikely' to use foldable iPad as replacement for iPad mini in 2025
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Apple (NASDAQ:AAPL) is "unlikely" to introduce a foldable iPad as the replacement for the iPad mini in 2025, largely due to cost, a top analyst said on Tuesday.
TF International Securities analyst Ming-Chi Kuo tweeted that a foldable iPad is likely to have a "markedly higher price" than the iPad mini. The iPad mini starts at $499 for 64GB worth of storage, while the most expensive iPad, the 12.9-inch iPad Pro, starts at $1,099. Kuo did not say how much a foldable iPad could cost.

Kuo also added that Apple (AAPL) is working on a new version of the iPad mini with an updated processor, with mass shipping expected to start in the latter part of 2023 or first part of 2024.
Apple (AAPL) last updated the iPad mini in 2021 with an 8.3-inch Liquid Retina display, the A15 Bionic Chip, 5G capability and more.
Last week, investment firm Needham cut its revenue and earnings estimates for Apple (AAPL) for 2023, citing "weak iPhone demand" in China.