iPad Mini Could Retail For $250, Delete iPad 2

[wraggster]

"If the Apple rumor mill proves correct, the unveiling of the iPad Mini this week could mean sayonara for the iPad 2 (http://slashdot.org/topic/cloud/apple-ipad-mini-could-retail-for-250-delete-ipad-2/). At least, that's the prediction of Evercore Partners analyst Rob Cihra, who wrote in a recent note to investors that he believes Apple will remove the iPad 2 from its lineup to make room for a smaller tablet. Apple insider excerpted parts of Cihra's note Oct. 19. Of course, that's just one analyst speculating about the future plans of a company known for playing things close to the proverbial vest: Apple's Oct. 23 event in California could feature all sorts of surprises. So what do we know about the iPad Mini? First, that it might not be called the iPad Mini — that's a moniker dreamed up by the press. Second, a cheaper and smaller iPad could impact the market for e-readers and 'price-sensitive users,' according to J.P. Morgan analyst Mark Moskowitz, which in turn could mean a challenging future for Amazon, Google, and other IT vendors marketing cheaper tablets. Third, the media—driven by unnamed sources and blurry spy photos—seems to have collectively settled on a 7.85-inch screen without a high-resolution Retina Display."

http://apple.slashdot.org/story/12/10/22/1440255/ipad-mini-could-retail-for-250-delete-ipad-2