There have always been rumors circulating about a smaller, more versatile iPad being produced by Apple. However, until lately there was no evidence to back this up and no signs of an actual product arriving. Finally rumors are starting to add up and I'm pretty sure we can expect a smaller iPad/larger iPod touch before this year's holiday season. Rumors speculate it will be priced around the $300 range, putting it right in line with Kindle and Nook's top end 'tablets.'
I've personally checked out the Kindle and Nook's 'tablets' and compared to the iPad, I'm not impressed. Companies have tried time and time again to recreated the eloquence and fluidity of the iPad, but have failed. With Apple unveiling a smaller iPad at a lower price I predict the prices of other tablets will fall (more than they already have) and Apple will grab a larger hold on the tablet market. I would personally LOVE to have an iPad but cannot because of the high price. When Apple releases this new smaller iPad (iPad Mini if you will) you can assure yourself I will be preordering one and enjoying it thoroughly.
Overall, the iPad Mini is going to add more versatility to Apple's already versatile product line, and assure they are going to have that much more hold over the vastly growing electronic product market.
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