Andre Yoskowitz
12 Oct 2011 11:51
The latest rumor circulating today is that Apple will begin developing an 'iPad Mini' for release next year.
Apple's new tablet will compete with the Amazon Kindle Fire and its $200 price tag.
The report comes from Ticonderoga Securities analyst Brian White (via AI) who says during his tour of China and Taiwan and meeting with component suppliers there have been discussions of Apple's upcoming lower-priced entry to the tablet market.
White says the device will launch in the first months of 2012, a few months after Amazon's November launch date for the Kindle Fire.
Says the analyst:
We believe this lower priced iPad could be priced in the mid-to-high-$200 range. We expect this will be followed by a much more powerful, feature rich standard-priced iPad 3 in (the second quarter of 2012).