Rumors of a smaller iPad priced to compete with the Kindle Fire resurfaced today with an iMore report claiming that Apple is targeting an October release date for a 7-inch iPad.
The report claims that Apple will price the new 7-inch iPad in the $200-$250 range and the device will “be identical in every way” to the current iPad except for the display size. If the smaller iPad retains the Retina Display of the new iPad its pixel density will come close to that of the iPhone 4 and 4S.
"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." — iMore
Even if the claims seem grandiose and improbable, iMore does have an accurate rumor history which gives a little more credence to their claims. Still, calling the third-generation iPad launch event date back in February, and supporting claims of the new iPad’s LTE functionality aren’t quite as sensational as an entirely new iPad “mini” claim.
Source: iMore [via MacRumors]