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Plunging iPad shipments show Apple needs new models

  • iPad shipments declined 8.5% year-over-year in the first quarter of 2024 due to the lack of new models.
  • Apple still holds the dominant position in the global tablet market, with a 32% market share.
  • Apple is expected to launch new iPad models in the second quarter of 2024, which may lead to a turnaround in shipments.
  • The upcoming products include the first iPad Pro with an OLED display and the first 12.9-inch iPad Air.

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