Apple iPad Mini to launch this October

In a recent investment report from Pacific Crest, analysts predict that Apple will launch a 7.85’’ iPad mini this October priced at around $299.

Rumors of a 7’’ budget slate from Apple have been on the table for a while, and they’re still rumors. However, many OEMs have been either rumored or confirmed to be developing and launching 7-inchers, so it’s no surprise that Apple don’t want other tablet makers to cannibalize their brand.

“Based on our supply checks, we expect Apple to launch a 7.85” iPad in October. We anticipate an entry-level 7.85” iPad with 8GB of NAND capacity to price at $299,” states the report.

The late Steve Jobs, was an opponent of a 7-incher, but apparently Tim Cook, Apple’s current CEO, have something else in mind. An article from Tab Times a couple of months ago rumored that the R&D in Cupertino was testing a 7.85’’ tablet.

Also in the report, analysts suggest that the current gen iPad will receive some upgrades which may include a repositioning of the camera, improved touchscreen interface, reduced weight, and improved battery life. As for the iPad 2, the firm predicts that its shelf-life will end with the launch of the iPad Mini.