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$250 7in iPad To Be Launched In October

Apple fans might be spoiled for choice come October, according to recent rumours. In addition to a new iPhone, the market might see Apple's first small-size tablet.

Relying on inside sources, iMore has reported that Apple is planning to release the iPad Mini. The device is aimed at attracting the budget conscious customer, with a price point somewhere between $200 (£125) and $250 (£155).

The company might try such an aggressive pricing strategy in order "to do to the tablet market what Apple did to the MP3 market in 2004 with the expansion of the iPod product line -- leaving absolutely no space for competitors", notes the article.

When it comes to the screen size, Apple is rumoured to leave behind a long time credo and is to release a smaller tablet. The rumoured iPad mini is expected to feature a 7.85in display.

The main selling point of the new iPad, the Retina Display, will also be available on the iPad mini. Apple's smaller tablet is expected to sport a display resolution of 2,048 x 1,536 pixels, which means a 326 ppi, and a better pixel density than the new iPad's 264 ppi.

Source: iMore

Radu has been working as a freelance writer for more than five years and has been blogging around since 2004. He is interested in anything Apple as well as gaming and mobile applications.