iPad Mini will launch this year for ‘significantly less than’ $499: NYT

July 16, 2012

This news comes from the reliable source of The New York Times, which gathered the information from several people with ‘knowledge of the project’. These folk did however decline the invitation to be named.

Apple, as ever, refused to comment on the rumors, which have always inadvertently helped fuel demand for Apple products over the years.

Rumors on a smaller iPad have been floating about for some time now, with the most reliable reports indicating that the iPad Mini will have a 7.85-inch IGZO display (possible with a 1024 x 768 resolution), a $299 price point, 8GB or 16GB of memory and a launch date of October.

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