Report: iPad Mini will be priced significantly less than iPad, to be announced in October

According to New York Times, Apple is working on iPad Mini which will be released on during the next Apple keynote sometime in October.

A smaller 7+inch screened iPad will be announced during iPhone and iOS announcement event sometime in October and cost much less than the currently cheapest $499 iPad.

This time report comes from New York Times so this information should be accurate at least in some level but this wouldn’t be the first time it turns out to be fake. When rumors comes to unannounced Apple products most of them turns out to be inaccurate and made to get more visitors for large news sites since Apple products are very popular these days.

Latest reports claims that Apple is working on 7.85-inch iPad which will be priced to compete with Google Nexus 7 and Amazon Kindle Fire. It means that price should be around $200 to $250 for the base model and not exceed the $499 price tag for largest capacity model with 4G LTE support. iPad Mini will come with three different built-in storage capacities: 8GB, 16GB, and 32GB.

NYT also says that Apple prototyped a 7-inch tablet few years ago but killed this project because the screen real estate was too small.  Steve Jobs once said a 7-inch screen is not sufficient to make a good tablet so it looks like Tim Cook is going against Steve Jobs view on the iPad Mini. However, rumored iPad Mini features almost 40% larger screen area than regular 7-inch tablets since it has a 4:3 aspect ratio.

Below you can see a difference between Kindle Fire, Google Nexus 7, iPad mini and original iPad:

iPad mini release date

iPad mini will be released in October with iOS 6 on board and just like new iPad it will get Siri and turn-by-turn navigation. Apple hasn’t confirmed exact release date but based on its product lifecycle we can assume this information is accurate.

We will keep you updated once we will find out more about this mysterious product so consider subscribing if you haven’t already.

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