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Analyst Claims ‘iPad Mini’ Could Go on Sale by October Priced at $300

by on August 17th, 2012

Bloomberg reports on a research note from Peter Misek, an analyst at Jefferies & Co. Apple is set to debut its rumoured ‘iPad Mini’ by year end (it could go on sale in October), which would compete against Google’s Nexus 7 and Microsoft’s upcoming Surface tablet.

Apple plans to debut a smaller, cheaper iPad by the end of this year, people familiar with the plans said in July. Misek said Apple would sell at least 8 million of the miniature iPad in the three-month period ending in December, and generate about $2.4 billion in revenue by pricing the device at $300.

There has been recent discussion on the form factor and screen size of an ‘iPad Mini’, with numerous mockups emerging (the image below via iMore):

Bloomberg reported in early July an ‘iPad Mini’ would be coming in October, following by the Wall Street Journal noting their own story about production of a smaller iPad already under way, set for a simultaneous launch with the ‘iPhone 5′. The New York Times had their own report shortly after, stating a new smaller iPad would debut for ‘significantly less than $499′.

The smaller iPad is coming it appears. All signs point to a fall launch of the device. Are you ready for it?

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Posted under: iPad News

  • Dennis

    I’m ready for it at $199! At $299 it will be too much. $100 bucks more and you can get an iPad 2. I doubt the mini will have retina.

  • http://www.iphoneincanada.ca Gary

    Yep. Non-Retina to start at least for $199 would be insane.

  • Omac

    $199? That’s what a touch costs

  • RoboCop35

    I don’t think I want this announced/released at the same time as the New iPhone … stagger it a little and not dilute the announcement.