Here’s more from the note:

Strong demand for low-price 9.7-inch in 2017. shipments hit 43.8mn units in 2017, well above the 35mn units forecast by the at the beginning of the year. The driver was the low-price 9.7-inch model, whose selling points are competitive pricing and a significantly larger panel than those of six- to seven-inch smartphones ( mini was a flop because it was replaced by large-screen smartphones). In a bid to strengthen its selling points and to differentiate it more from low-price tablets, the new low-price 9.7-inch (starting mass production in 2Q18) will likely .

Kuo said that if the 9.7-inch iPad does support the Apple Pencil, shipments could possibly double in .

While there have been no concrete rumors regarding Apple Pencil support for a new lower-cost iPad, Apple’s invitation for a special media event on Tuesday, March 27 sparked renewed speculation. As you can see, the invitation apparently looks drawn with the Apple Pencil.

Earlier today, a separate report from Bloomberg said that Apple will indeed unveil the iPad and new education-related software at the event.

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