According to reports from both Bloomberg and The Wall Street Journal, Apple is expected to release a smaller, 7-inch version of the iPad this October in an attempt to compete with Amazon’s Kindle Fire 2.
Apple currently holds 61.4% of the tablet market with the current 9.7″ iPad models. That number could increase if the iPad Mini is a success.
Pricing has yet to be unveiled, but the prices are predicted to be competitive with those of the similar tablets out there.
Source: Techeater