Wholesalers and distribution teams are advised to hold off on new orders for iPad. That is because Apple just announced it will hold a special event on March 2 in San Francisco. According to the invitation received by FPR, the event will be held at the Yerba Buena Center for the Arts at 10:00 am. Historically, this is the same venue Apple has used to introduce other new products. With the specs of iPad 2 being tightly guarded secret, it is widely believed that the device will be announced there. In terms of new attributes, it will feature a front-facing camera. Its size should be thinner too.
Fund firms have been very aggressive in supplying iPads for their heavy-traveled wholesalers. For instance, John Hancock supplied 200 iPads for its distribution team in January. TD Ameritrade, Dreyfus and Hartford's annuity wholesalers reportedly spent undisclosed ammounts on iPads. JP Morgan's i-bankers are also active users. Last, the SPDRs team was spotted carrying a few.
Back in the September, FPR advised all ETF distributors to purchase the device. Most likely iPhone 5 will not be introduced at this event. (the ETF Business Review)
To order the ETF Business Review and other research click here
Fund firms have been very aggressive in supplying iPads for their heavy-traveled wholesalers. For instance, John Hancock supplied 200 iPads for its distribution team in January. TD Ameritrade, Dreyfus and Hartford's annuity wholesalers reportedly spent undisclosed ammounts on iPads. JP Morgan's i-bankers are also active users. Last, the SPDRs team was spotted carrying a few.
Back in the September, FPR advised all ETF distributors to purchase the device. Most likely iPhone 5 will not be introduced at this event. (the ETF Business Review)
To order the ETF Business Review and other research click here
RSS Feed
