Apple makes a thing called iPad, which is like a small computer you can touch and play games on. Sometimes more people want to buy them, sometimes less. This year, more people will buy them in June and September because they made some new ones that are better than the old ones. But by 2025, not many people will buy them anymore because they don't need to get a new one very often. One type of iPad called iPad Pro is expensive but sells well, so it helps Apple make more money. Also, Apple makes special things inside their devices called chips that help them work fast and smart. They are getting better at making these chips and want to show off how good they are for AI, which stands for artificial intelligence, like a computer brain that can think and learn. Read from source...
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The article discusses the future of iPads and their expected sales boost this year due to updates in design, screens, chips, and memory. The iPad currently accounts for 7% of Apple's sales, which is projected to rise to 8% within a year before declining thereafter. Despite the expected decline in 2025, Munster believes that the iPad Pro's price increase could add approximately $1.3 billion to Apple's sales over the next 12 months, increasing the overall growth of the company by 0.2%. Furthermore, the article highlights Apple's surprising pace in introducing new chips and suggests that the company will use hardware as a competitive advantage in the AI race.