Apple’s rumored $700 price hike for the iPad Pro is just plain crazy

When I woke up Thursday and scanned the Apple rumors circulating around the web, one particular set of headlines caught my attention: The upcoming iPad Pro will have an OLED display and start at $1,499. According to Korea-based The Elec (translation), which has a fairly decent track record for rumors, the 11-inch model will start at around $1,500 and the 12.9-inch model will set you back $1,800. Some quick math shows that that price is near twice that of

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