Get All Access for $5/mo

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.

Editor's Pick

Business News

These Are the Best Cities for Starting a Business — and Surrounding Yourself With Millionaires

Here are 10 U.S. cities that stand out for entrepreneurship, according to a new report.

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.

Science & Technology

AI for the Underdog — Here's How Small Businesses Can Thrive With Artificial Intelligence

How small businesses can harness the power of AI to streamline operations, enhance customer experiences and drive growth.

Marketing

5 Strategies That Helped Me Achieve 10x Returns on My Marketing Efforts

These five marketing tactics have delivered remarkable returns for my business.

Business News

'Let It Go': A Couple Has Spent $400K Suing Disney After Being Banned From the Park's Exclusive 33 Club. Social Media Reactions Have Not Been G-Rated.

After getting banned from the exclusive members-only club for alleged bad behavior, a California couple has spent a fortune trying to get back to paling around with Mickey.