I’ve been keeping up on these rumors it’s amazing what is spreading across the internet like wild fire. I like keeping track of the rumors though to sort of reflect on when the truth comes out.
iMore reports that Apple is “currently targeting” an October launch for a smaller iPad, with the device carrying a display of roughly 7 inches and being priced in the $200-$250 range.
According to our source, which has proven reliable in the past, the reason for such aggressive pricing is to do to the tablet market what Apple did to the MP3 market in 2004 with the expansion of the iPod product line — leave absolutely no space for competitors.
Interestingly, the report’s source claims that the 7-inch iPad will be “identical in every way” to the current iPad with the exception of the display size, apparently including a Retina display. That would give the smaller iPad a pixel density roughly identical to that of the iPhone 4S.
It remains unclear how Apple would be able to meet a $200-$250 price point for the smaller iPad given the apparent specs, although…
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