Reports: Smaller iPad to be revealed Oct. 23
Apple Inc. is set to reveal a smaller, cheaper version of the iPad at an event on Oct. 23, according to several reports published Friday.
The reports from Bloomberg News, Reuters and the AllThingsD blog are based on unnamed sources “familiar with the plans.”
Apple Inc. hasn’t said anything about a smaller tablet, a concept company founder Steve Jobs derided two years ago. But company-watchers have assumed for months that an “iPad mini” will appear before the holiday season.
The screen is reportedly about half the size of the iPad’s, which measures 9.7 inches diagonally. Analysts speculate the starting price of the device could be about $299.
With the device, Apple could close an opening in the tablet market for rivals like Amazon.com Inc., whose Kindle Fire is half the size of the iPad and starts at $199. Google Inc. and Barnes and Noble Inc. also sell tablets in the same size and price range.
Apple’s event would occur three days before Microsoft Corp. releases Windows 8, the new version of its operating system. Microsoft will be releasing its “Surface” tablets with the software.
Apple’s stock rose $1.61 on Friday to close at $629.71.
Comments { }
Postandcourier.com is pleased to offer readers the enhanced ability to comment on stories. We expect our readers to engage in lively, yet civil discourse. Postandcourier.com does not edit user submitted statements and we cannot promise that readers will not occasionally find offensive or inaccurate comments posted in the comments area. Responsibility for the statements posted lies with the person submitting the comment, not postandcourier.com. If you find a comment that is objectionable, please click "report abuse" and we will review it for possible removal. Please be reminded, however, that in accordance with our Terms of Use and federal law, we are under no obligation to remove any third party comments posted on our website. Read our full Terms and Conditions.