Apple iPad mini – the smaller version of the Apple tablet may be presented today.

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There were a lot of rumors about a 7-inch iPad tablet last months. The idea of iPad Mini was not very exiting at the beginning. It was not clear why Apple should reduce the size of their very popular tablets.  However after successful launch of 7-inch Amazon Kindle Fire including Kindle Fire HD, Google Nexus 7 and Samsung Galaxy Tab 2 the idea become more popular and clear. Market needs more compact, portable, powerful and yet affordable tablet.

On September 12 Apple is going to release iPhone 5 the next generation of Apple’s smartphone. There is a chance that the company may introduce iPad mini tablet on the same event. According to rumors iPad mini comes with 7.85-inch display with the same aspect ratio and resolution as in the case of iPad 2.  iPad mini should support all existing applications for the iPad tablets. So the use the same resolution like in iPad 2, i.e. 1024 by 768 pixels makes perfect sense. These way HD applications will not be affected.

Retina display with resolution of 2048 by 1536 pixels is going to be a key difference between iPad 3 and the iPad mini. Apple is going to follow the Amazon practice and we might see the approach similar to Kindle Fire and Kindle Fire HD in terms of quality and specifications  of displays.  Higher price models will get most technologically advanced displays. On other hands cheaper models will get more affordable, good quality displays.

The smaller tablet does not need the same frame as his “big brother.” According to numerous rumors, the iPad Mini design is more similar to the iPod Touch than to the iPad 3.

Most likely the price of IPad mini will not exceed $299. This will allow the iPad Mini to compete with other popular tablets such as Kindle Fire HD and Google Nexus 7. It might be a little more expensive. But in any case, the price should not exceed $399  of iPad 2 16GB.

If the iPad Mini is just a smaller version of the big iPad, but cheaper and with a small screen, then who will buy the iPad 2?  Most likely iPad Mini will be targeted for a specific audience, while maintaining a certain set of features and functions – like the iPod Nano and Mini compared to the iPod Touch.

IPad Mini may come with two built-in cameras. Front camera may be used for FaceTime video calls just like in case of the iPhone.

The new smaller docking port debuts with iPhone 5 and in the future it might be used on all iOS devices. It makes perfect sense to use the smaller size port with iPad Mini because of the reduced size of the device.

Any way we will get more details soon. May be in a couple of hours. Stay with us.