Apple planning smaller iPad to rival Nexus 7?

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Hot on the heels of Google’s Nexus 7 tablet, rumours have resurfaced of an iPad Mini. According to Bloomberg, citing “two people with knowledge of the plans”, the smaller tablet will have a screen size of between 7 and 8 inches – less than the 9.7-inch iPad currently out now.

The tablet could be announced in October and won’t have a Retina Display on-board, one of the sources purportedly said.

A cheaper iPad tablet could pose a formidable challenge to Google’s $199 Nexus 7 and Amazon’s Kindle Fire slates. Microsoft has also introduced a new Surface tablet range, complete with a keyboard cover and Windows 8.

Since the iPad went on sale in April 2010, Apple has dominated the tablet market, which is predicted by Display-Search to reach $66.4 billion this year. Apple has 61% of the market share.

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