iPad Mini is on the way Rumors Say and will Compete Against Windows 8

Apple Inc. released its new iPad just 6 weeks ago, but that doesn’t imply that the world is not anticipating or excited about what’s next in line from Apple tablet. Rumors regarding a smaller version of the current iPad, 7-inch in size or having a 7-inch screen is madly spreading again.

This time around the rumours comes from a couple sites. A Chinese site called Netease to begin with, which claims that there’ll be 6 million units all set for release in the 3rd quarter of 2012 though not clearly stating that it is a smaller version of the iPad. Furthermore, it says the tablet could possibly cost $249 to $299 – pretty much half the cost of the latest iPad.

Netease also claims that Apple is preparing the unit to contend against the upcoming Windows 8 of Microsoft, which is likely to to enter the market around the holidays.

Steve Jobs have been pretty outspoken concerning smaller sized tablets. In a call he even said that a 7-inch tablet will be “dead on arrival.”

“While one could increase the resolution of the display to make up for some of the difference, it is meaningless unless your tablet also includes sandpaper so that the user can sand down their fingers to around one quarter of their present size.” he also added.

Still, there were information for several months that the Cupertino, California-based company does have smaller sized versions of the iPad in its laboratories. The smaller display size will make this rumored model of the iPad much easier to carry in one hand and much better for reading.

A couple of analyst in the industry are also excited about the idea of smaller sized iPads. Shaw Wu of Sterne Agee said that iPad mini is “inevitable”, and he believes that these models would be a great threat to other competitor.