Apple's 'Little' Event Next Week Likely to Be the iPad Mini Reveal

Ipad rumorsBy Poornima Gupta

SAN FRANCISCO -- Apple (AAPL) on Tuesday invited members of the media to an event next week where it is expected to challenge rivals Amazon (AMZN) and Google (GOOG) with a less expensive and smaller version of its popular iPad tablet.

The Oct. 23 event will be held at the California Theatre in San Jose, Apple said in an invitation did not reveal details of the event, but hinted at something small with the words: "We've got a little more to show you."

An Apple spokeswoman declined to give any further details.

Wall Street analysts have said for months that Apple is planning a smaller, less expensive version of its popular iPad to take on cheaper competing devices.

Apple launches are some of the hottest events on the tech calendar, scrutinized by fans, investors, the media and industry insiders alike.

Apple now has just one 9.7-inch iPad, though it does come with various storage options and starts at $499. The previous version, or iPad 2, is available now for $399.

The new smaller tablet is expected to feature a display that is between 7 inches and 8 inches. Wall Street analysts expect Apple will price the new tablet between $199 and $299.

A smaller iPad will directly compete with e-commerce giant Amazon's Kindle Fire HD tablet and Google's Nexus 7, both of which have 7-inch screens and are priced at $199. The first Kindle Fire, launched last year, went on to grab about a fifth of the U.S. tablet market.

The California Theatre is not one of Apple's go-to venues for product launches but the company has used the location before, including in 2004 to unveil the Special Edition U2 iPod, along with a performance by the rock band U2.






Increase your money and finance knowledge from home

Investing in Emerging Markets

Learn to invest in a globalized world.

View Course »

Bonds for Beginners

Learn about fixed income investments.

View Course »

Add a Comment

*0 / 3000 Character Maximum

4 Comments

Filter by:
imaconnow2

Hey Apple,SIUYA.

October 16 2012 at 8:55 PM Report abuse rate up rate down Reply
imaconnow2

Hey Apple,SIUYA.

October 16 2012 at 8:55 PM Report abuse rate up rate down Reply
anitaxhp1

I guess apple is in need of more money

October 16 2012 at 4:07 PM Report abuse rate up rate down Reply
CJ WIll

Another Tablet manufacturer is emerging with performance-value Android tablets with some great features - Ainol Electronics -- with one model introduced last month, the Novo 7 Flame - priced at $189 at a site called TabletSprint - that offers a 1280x800 high resolution screen, 2nd Gen Dual Core CPU, an HDMI connection to your TV with Full 1080p (HD) Viewing - great for Movie Downloads through Blockbuster as well as your own videos shot using the tablet's video recorder - a 5 megapixel Rear Camera with AF & Flash; Plus a 2 MP webcam, Wifi, Bluetooth, a MicroSD Memory Card slot and a Micro-USB port -- and an option for 3G - it's by far the most complete budget tablet available under $300 and worth looking at and comparing, especially for the price... Ainol Electronics won runner-up in CES / CNET 2012 "Best Tablet of the Year" Award -- and this new tablet certainly gives the new Nook, Nexus 7, Kindle HD & the new Mini some competition. Next month Ainol Electronics launches a larger version with a Hi-res 10 Inch screen and a price around $225 -

October 16 2012 at 3:45 PM Report abuse rate up rate down Reply