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Apple iPad Pro M3 11 2023 (Rumors)

Apple’s upcoming iPad Pro M3 11-inch model is expected to be a game-changer in the tablet market, but it may come at a steep price. Industry sources suggest that the new device could start at $1,500, which is over 80% more expensive than the current iPad Pro 11-inch with LED Liquid Retina display.

The high price is mainly due to the cost of procuring OLED panels, which are superior to the current LED displays. Apple is in talks with Samsung and LG Display about the price of supplying the panels, which require production processes that have not been combined before for OLED panels of this size. The estimated supply price of OLED panels for the 11-inch device is said to be around $270.

While some believe that the price increase is justified given the switch to OLED technology, others are concerned that it may make it difficult to maintain sales. iPads lack the replacement demand of iPhones, and consumers may be hesitant to pay such a high price for a tablet.

It remains to be seen whether Apple will adjust the price estimates for the iPad Pro M3 11-inch in the future. However, the device is expected to offer improved performance and features, making it a top choice for professionals and power users.