The Apple TV isn't the only new product that the company is rumored to be coming out with in the near future.
Several reports have come out in recent months suggesting that Apple will release a smaller version of the iPad to maintain its grip on the tablet market in the face of competition from Amazon's Kindle Fire and Samsung's Galaxy Tab.
Release Date: Sometime this fall.
Barclays analysts released a report earlier this month predicting that Apple will come out with an iPad Mini sometime this fall. Barclays reasoned that releasing a smaller iPad will help Apple in the education and gaming markets. A separate report fromLiberty Times, a Taiwanese publication, puts the release date in the third or fourth quarter of this year.
The iPad Mini's screen will be 7.85 inches, about 2 inches smaller than the current iPad.
The Barclays report estimated that the new iPad Mini would be in the 7-inch range, but other reports have come up with a more precise number. Both iMore.com and John Gruber—two sources with a good track record on Apple rumors—reported hearing from their sources that the iPad Mini would be 7.85 inches.
Price: Between $200-$250.
According to iMore's source, the iPad Mini will retail for between $200-$250. At this price, it would compete head on against cheaper tablets like the Kindle Fire, which is priced at $199. This would also make the iPad Mini less than half the cost of the most recent iPad.