Full-size iPad’s glory days may be over

Full-size iPad’s glory days may be over:
Steve Jobs had it wrong: people do want smaller tablets after all. CNET points us to a note written by Citi analyst Glen Yeung making the case that the market for larger tablets such as Apple's (AAPL) 9.7-inch iPad has peaked and that more compact tablets such as the 7.9-inch iPad mini and the 7-inch Google (GOOG) Nexus 7 will be the dominant form factors going forward. Yeung thinks that while Apple will still be a major player in the market for smaller tablets, the company's profits will still take a hit since the cheaper iPad mini generates smaller gross margins than the traditional iPad.

Continue reading...