Apple's iPad Mini Day Might Be Just Around the Corner
This month, Apple (NAS: AAPL) is widely expected to unveil a smaller iPad, coloquially known as the Mini. The company certainly hasn't confirmed or denied anything, especially the presumed existence of said device, much less any specific dates. Other outlets have also pegged October as the expected time frame, but left any exact dates up in the air.
We can now officially welcome the first rumor regarding when investors might be able to expect a product unveiling. Fortune's Apple 2.0 is now reporting a speculative rumor that Apple is planning on sending out media invites to an iPad Mini event on Oct. 10. The company typically sends out invites about a week ahead of events, which would put the unveiling at Oct. 17 if it turns out accurate.
The report then guesses that Nov. 2 would be a fitting launch date, although I think Oct. 26 would be more apt. That would be just nine days after unveiling, and also coincide nicely with the launch of Microsoft (NAS: MSFT) Windows 8. With tablets being a big part of the software giant's new platform, an iPad Mini could threaten to spoil Mr. Softy's festivities.
A Redmond party isn't the only one that might get ruined, as Amazon.com (NAS: AMZN) just launched its new Kindle Fire HD lineup, Google (NAS: GOOG) appears to be enjoying strong sales of its Nexus 7, and Barnes & Noble (NYS: BKS) similarly refreshed its own Nook tablet family. Both Amazon and B&N are moving up to challenge the iPad in the full-sized market with 8.9-inch and 9-inch flavors, respectively.
A move down-market by Apple is seen as a potentially major threat to the success these rivals have been enjoying in the 7-inch tablet market. iPad Mini day might be just around the corner.
The introduction of the iPhone 5 is an event Apple investors have been looking forward to for months. The stakes are high and the opportunity is huge, so to help investors understand this epic Apple event, we've just released an exclusive update dedicated to the iPhone 5 launch. By picking up a copy of our premium research report on Apple, you'll learn everything you need to know about the launch, and receive ongoing guidance as key news hits. Claim your copy today by clicking here now.
The article Apple's iPad Mini Day Might Be Just Around the Corner originally appeared on Fool.com.Evan Niu, CFA, owns shares of Apple. The Motley Fool owns shares of Apple, Amazon.com, Google, and Microsoft. Motley Fool newsletter services recommend Amazon.com, Apple, and Google. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.