Rumor: Apple Planning to Release iPad Mini

A month after Apple delivered its new iPad, rumors are swirling about a new iteration of the tablet designed to compete with Amazon’s Kindle Fire. The latest rumor to make the rounds is that Apple is planning to produce 6 million smaller iPads for sale some time in the third quarter. The report, from Chinese portal NetEase, was translated by Kotaku. Speculated to cost between $249-$299 USD, many industry insiders believe a smaller iPad could do wonders for Apple, allowing it to dominate the smaller tablet market as well. The main problem with this speculation is that it was widely-known that late Apple CEO Steve Jobs disliked the idea of 7-inch tablets, calling such devices “tweeners” – too big to compete with smartphones and too small to vie with the iPad. Stay tuned as more confirmations or denials are made available.

Source: Mashable