Apple planning to unveil mini iPad?

July 4, 2012 11:24:55 AM PDT
More industry insiders are reporting Apple is planning to make a mini iPad to compete with new tablets from Google, Microsoft and Amazon.

Bloomberg says the downsized iPad would probably sell for half the current price, matching the competitors.

Industry analysts say companies that supply components and assemble products have been set up. And it's now only a matter of Apple getting production up and running.

It's been rumored that an iPad 'Mini' could go on sale sometime next year and would be priced at $299.

Apple hasn't confirmed any of the reports.

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