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iPad Due For a Price Cut: The iPod and iPhone both exploded onto the scene, establishing new massive categories overnight. Yet neither grew at the exponential rate that the iPad has. According to a new Goldman Sach’s report, Apple has sold 40 million units over its first six quarters, versus around 12 million for the iPhone’s first six quarters. The downside of burning so hot so fast is that the iPad may cool faster than its brethren. Goldman is seeing the first signs of an iPad slowdown. Meanwhile, four years into its lifespan the iPhone is expected to move 30 million units this quarter. Why? Price cuts (iPhones have been available for $50, and some now even free). Goldman says that the iPad is due for one. Another reason that the iPad may be seeing a demand slowdown is that the market suddenly has two new, much cheaper entries coming in the Kindle Fire and Nook Tablet. Another reason why a price slash makes a ton of sense. Business Insider— Mike Shields @digitalshields