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Apple to launch 7.85-inch iPad Mini in October

Apple is set to launch a smaller version of the iPad

The rumours that Apple will be launching a new iPad Mini just won't go away. It was previously thought that Apple would reveal a smaller tablet along with the new third generation iPad in March this year, but now experts are saying that the iPad Mini will be unveiled in October instead. Visit: New iPad review.

The news, reported by tabtimes, comes a week after Google also announces its own 7-inch Android tablet, the Google Nexus 7. Tabtimes is claiming that an analyst is predicting a 7.85-inch iPad Mini with an impressive 8GB of memory, will be first seen in October this year. See also: iPad 4 release date, specs and rumour round-up.

Further specs on the iPad Mini were pretty thin on the ground - although the Pacific Crest analyst, Andy Hargreaves, did go on to make sales predictions about the smaller Apple tablet. Hargreaves predicted that the iPad Mini would have a RRP of $299 and he even went on to state that the tablet would have an initial gross margin of 31%. See also iPad Mini release date, specs and rumours

Hargreaves continued “We estimate Apple will sell 10.0 million 7.85-inch iPads in FQ1 (Dec. 2012) and 35.2 million in all of F2013. Based on estimated component order volume, we believe our iPad Mini unit estimates are well within Apple’s production capacity. We anticipate 25% cannibalisation of the larger 9.7-inch iPad (for every four 7.85-inch iPads added, we reduced our 9.7-inch iPad estimate by one), so our total F2013 iPad estimate increases to 91.6 million from 65.2 million.”

Interestingly Hargreaves finished by saying that the iPad Mini would lead to Apple killing off the old iPad 2, something that former Apple CEO, Steve Jobs, would have probably disapproved of, considering his ill-feeling towards a smaller version of the iPad. In 2010 Jobs said the following about the possibility of a smaller iPad "One naturally thinks that a seven-inch screen would offer 70 percent of the benefits of a ten-inch screen. Unfortunately, this is far from the truth. The reason we won't make a seven-inch tablet isn’t because we don’t want to hit a lower price point, it’s because we think the screen is too small to express the software."

iPad Mini October


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