Analyst claims iPad mini cannibalizing i

Apple () is finally catching up to thefor its latest according to analyst Shaw Wu from Sterne Agee. Wu saysfrom delays of two to four days to same day, meaningcan ship them to customers sooner. He has increased his forecast that Apple will sell 47.5 million iPhone 5s this quarter instead of the . More interesting, though, is his warning that theis cannibalizing sales for the . Wuslowered his expected sales forecast for the9.7-inch tablet from 25 million this quarter to 23.5 million. Wu believes larger iPad sales will see a decline as consumers trend towards tablets with smaller form factors and 7-inch displays.as long as its within the company and not by a competitor.

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