Bloomberg: Apple Will Launch A Smaller, Cheaper iPad This Year (AAPL)
The new tablet will have a screen that measures either 7 or 8 inches diagonally, but won’t have a high resolution Retina display like the new iPad.
No word on price, but it’ll likely be a lot cheaper than the $399 iPad 2.
The current iPad has a 9.7-inch screen.
Apple is expected to announce the smaller iPad in October.
The word comes as Google’s first tablet, the $199 7-inch Nexus 7 continues to get great reviews from the tech press.