For now, one thing we assure about is Apple will debut an iPad which is smaller, cheaper than current types. Bloomberg said that Apple will launch iPad mini on Oct.

Size:

The iPad Mini is going to have a 7’’ screen (17.78cm) to 8” (20.32cm). iMore has stated the size of iPad Mini screen will be 7.85” (19.94cm)

Price:

We have heard loads of gossips on price of iPad Mini and all of them are fakes. Based on the new iPad and iPad2’s price, iPad 2 was selling at $399. The reasonable price of iPad Mini should be at $200-$300.

Screen

The most eye-attracting part from Bloomberg is iPad Mini will not come with retina screen like iPhone 4s or the new iPad, the resolution is the same as iPhone 3GS. The reason is Apple need to reduce the cost.

Appearance:

News leaked from Apple inside is they are developing a new type of iPad which has the same height as the current one on horizontal mode.