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).