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 iPad Mini to launch in October, predicts new report

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PostSubject: iPad Mini to launch in October, predicts new report   Mon Jul 02, 2012 11:18 am

Apple will introduce a smaller 7.85-inch iPad this October, analyst firm Pacific Crest has predicted.

According to a note published by analyst Andy Hargreaves (via Cnet), the smaller "entry-level" iPad will likely feature a 8GB capacity and a price point around $299.

"We estimate Apple will sell 10.0 million 7.85" iPads in FQ1 (Dec. 2012) and 35.2 million in all of F2013," the note reads.

"Based on estimated component order volume, we believe our iPad mini unit estimates are well within Apple's production capacity."

Tom Mainelli, research director at IDC, predicts that Apple will phase out the cheaper 16GB iPad 2 and replace it with a similar "mini" version for the same price.

A Chinese net portal has previously claimed the rumoured Apple device will launch in the third quarter of 2012 to "counter attack" upcoming Windows tablets.

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