QUAN: New iPad Presents Potential Revenue Spike
As Quantum International Corp. (OTCBB: QUAN) enters the final stages of development of its innovative cases for the Apple (AAPL) iPad, a recent report suggests that incremental revenues could be on the way for both Cupertino and cutting-edge accessory makers with the latest update of the iconic tablet set for release this week.
With Quantum readying advanced-tech iPad cases for mass production, Business Week reports that Apple is counting heavily on the newest generation of the iPad boosting its bottom line. Historically, the tablet's sales numbers are a strong indicator of the company's stock share price. In 2012, the iPad returned almost $31 billion of revenue, helping Apple become the most valuable company of all time.
With Apple expected to release its fifth-generation iPad this week to huge demand, the $2.3 billion iPad accessories market is anticipated to receive a massive uptick in revenues, as well.
"With the new iPad set for release this week, the demand and market for accessories will be robust with the holiday season coming," Quantum CEO Robert Federowicz said. "Our products will satisfy the market's demands for innovative, versatile and much-needed iPad accessories capable of making a great product even better."
Quantum believes it is well positioned for growth as the market for iPad accessories continues to expand rapidly. For more information on Quantum International's technology initiatives, please visit www.quantuminnovators.com/investors.html.
Quantum International Corp. is feverishly working on completing the development of these forward-thinking support products to compete in a booming global industry alongside Apple Inc. (AAPL) and Logitech International SA (LOGI).
About Quantum International Corp.
Quantum International Corp. (OTCBB: QUAN) is a robotics innovation company working to commercialize the next generation of sophisticated, automated technology. The Company is positioning itself to develop, deliver and market the most cutting-edge innovations in robotics in order to leverage the worldwide demand for the precision, speed and cost effectiveness these technologies offer.
For more information about Quantum International Corp., please visit www.quantuminnovators.com/investors.html.
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Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of success. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.
SOURCE: BUSINESS WIRE©2014 Business Wire