Ending Soon! Save 33% on All Access

Apple's October Surprise May Boost Its Tablet Market Share Apple will reportedly debut new versions of its iPad and iPad Mini tablets at the end of the month.

By Brian Patrick Eha

Opinions expressed by Entrepreneur contributors are their own.

Apple is giving its fans a delicious October surprise, with the company set to debut new versions of its iPad and iPad Mini tablets at the end of the month.

The unveiling is scheduled for October 22, according to AllThingsD. The devices are expected to feature several improvements over older models. The iPad, now in its fifth iteration, will reportedly be thinner and lighter than ever and boast a better camera. Meanwhile, the second-generation iPad Mini will get a crisp retina display.

With its new iPads, Apple would no doubt love to claw back some of the market share it has recently lost to Android-powered tablets. During the second quarter of this year, sales of tablets running Google's operating system surpassed sales of Apple tablets for the first time ever, according to ABI Research, an intelligence firm that focuses on the technology market.

Related: Apple Admits to iMessage Glitch in iOS 7 and Promises to Fix It

During the same period, Apple's share of worldwide revenue dropped to 50 percent – an all-time low. Global tablet sales for the three months ending in June totaled $12.7 billion, with Apple pocketing about $6.3 billion.

Apple will be hoping its new iPad Mini, especially, captures the imagination of consumers, because its full-size iPad is looking a little too large these days. According to ABI's senior practice director Jeff Orr, 7-inch tablets were the most popular size in the second quarter of 2013, and the 7.9-inch iPad Mini accounted for 60 percent of all iPad shipments.

For those who aren't keen on tablets at all (or who just can't get enough of Apple products), Apple reportedly will also reveal a new Mac Pro desktop computer and the latest version of its desktop operating system at the invitation-only event later this month.

Related: 12 Ways Android Is Still Better Than iOS 7

Brian Patrick Eha is a freelance journalist and former assistant editor at Entrepreneur.com. He is writing a book about the global phenomenon of Bitcoin for Portfolio, an imprint of Penguin Random House. It will be published in 2015.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Side Hustle

These Brothers Had 'No Income' When They Started a 'Low-Risk, High-Reward' Side Hustle to Chase a Big Dream — Now They've Surpassed $50 Million in Revenue

Sam Lewkowict, co-founder and CEO of men's grooming brand Black Wolf Nation, knows what it takes to harness the power of side gig for success.

Leadership

How to Break Free From the Cycle of Overthinking and Master Your Mind

Discover the true cost of negative thought loops — and practical strategies for nipping rumination in the bud.

Leadership

How a $10,000 Investment in AI Transformed My Career and Business Strategy

A bold $10,000 investment in AI and machine learning education fundamentally transformed my career and business strategy. Here's how adaption in the ever-evolving realm of AI — with the right investment in education, personal growth and business innovation — can transform your business.

Science & Technology

3 Major Mistakes Companies Are Making With AI That Is Limiting Their ROI

With so many competing narratives around the future of AI, it's no wonder companies are misaligned on the best approach for integrating it into their organizations.

Starting a Business

How to Find the Right Programmers: A Brief Guideline for Startup Founders

For startup founders under a plethora of challenges like timing, investors and changing market demand, it is extremely hard to hire programmers who can deliver.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.