Friday, October 12, 2012

Rumor: Apple Inc. (NASDAQ:AAPL) May Release iPad Mini At An Event This Month

After months of supposed leaked pictures and mass production reports, there may be an end to the iPad mini rumors. Apple Inc.(NASDAQ:AAPL) is expected to hold an event that requires invitation later this month to introduce a smaller iPad to the world, just about in time for the holiday time.

Apple is predicted to hold the aforementioned event on 23rd October to release a smaller iPad, as per AllthingsD. The publication cites people, who hold knowledge about Apple’s plans. They suggest that the event will happen at Apple’s Town Hall Auditorium. An iPad mini, if that is the name Apple chooses for its smaller tablet, will project to around 8 million sales this holiday season, as analysts at RBC Capital Markets said.

Ever since the original iPad had debuted in the year 2010, Apple has been confident about its present 9.7 inches tablet is a perfect size for the line up. However, after using a smaller 7-inch Samsung tablet, Apple executives have reconsidered the idea. From the reports, a small iPad may be on its way to the market. This decision made by the firm can result in success of a recent 7-inches line up like Google’s Nexus 7 tablet and Amazon’s Kindle Fire.

With a number of product image leaks and reports of mass production that have been coming up over the last few months, Apple is possibly working on smaller iPad. However, the company is known for prototyping and experimenting any number of different products and form factors. The question still remains – will there be an iPad Air or an iPad Mini in the near future? It seems so. It will be evident very soon as reports say that invitations to the reported event would be out very soon.

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