Is the iPad 2 cannibalizing the new iPad’s profits?

GigaOm writes, In about four weeks, Apple will announce its fiscal 2012 Q3 earnings. Its accountants are busy tallying the numbers, including the number of iPads sold and revenue from the iPad product line. These two numbers hold the key for the longevity of the iPad 2. Are the days numbered for the $399 iPad 2? When Apple announced the new iPads in March, it dropped the cost of the lowest-priced iPad 2 (the 16GB Wifi only version) by $100 and continued to sell it side by side with the third-generation iPad. This is not in the usual mold of clearing out previous generation products at a reduced price....

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