If you're in the market for an iPad, wait. Prices are expected to drop.

YosemiteSam

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If you're in the market for one, I would hold off. You will probably get one cheaper when the holiday shopping season starts.

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The unthinkable is happening at Apple.

The class act of Cupertino may have priced its iPad out of the market this holiday season.

Goldman Sachs analyst Bill Shope is advising clients to keep an eye on iPad sales this quarter, fearing that the company is facing some near-term demand challenges for its iconic tablet. He argues, and rightfully so, that Apple is long overdue for a price cut.

It doesn't take a rocket scientist to figure out that Apple -- until now the runaway market share champ in this nascent niche -- is finally facing legitimate competition at ridiculously attractive price points.
  • Amazon.com's Kindle Fire hits the market today at a head-turning $199 price point. As a seven-inch tablet, it's certainly smaller than the iPad, but that may not necessarily be a bad thing.
  • Barnes & Noble's Nook Tablet hits stores in two days. The superstore chain's new gadget costs $50 more than the Kindle Fire, but it does have beefier specs in some areas.
  • There's a glut of cheap non-Android tablets out there, as Hewlett-Packard and Research In Motion mark down their first-generation devices while pondering what do to next. Android manufacturers that naively entered the market at high price points with impressive spec sheets are taking a more realistic pricing approach this time around.

They've got you surrounded, Apple. The days of selling roughly three out of every four tablets sold are over.

Seriously.

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