Please ensure Javascript is enabled for purposes of website accessibility

Apple's iPad Mini Day Might Be Just Around the Corner

By Evan Niu, CFA - Oct 1, 2012 at 9:30PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Rumor has it.

This month, Apple (AAPL 1.30%) is widely expected to unveil a smaller iPad, coloquially known as the Mini. The company certainly hasn't confirmed or denied anything, especially the presumed existence of said device, much less any specific dates. Other outlets have also pegged October as the expected time frame, but left any exact dates up in the air.

We can now officially welcome the first rumor regarding when investors might be able to expect a product unveiling. Fortune's Apple 2.0 is now reporting a speculative rumor that Apple is planning on sending out media invites to an iPad Mini event on Oct. 10. The company typically sends out invites about a week ahead of events, which would put the unveiling at Oct. 17 if it turns out accurate.

The report then guesses that Nov. 2 would be a fitting launch date, although I think Oct. 26 would be more apt. That would be just nine days after unveiling, and also coincide nicely with the launch of Microsoft (MSFT 1.47%) Windows 8. With tablets being a big part of the software giant's new platform, an iPad Mini could threaten to spoil Mr. Softy's festivities.

A Redmond party isn't the only one that might get ruined, as Amazon.com (AMZN 1.42%) just launched its new Kindle Fire HD lineup, Google (GOOGL -0.27%) appears to be enjoying strong sales of its Nexus 7, and Barnes & Noble (BKS) similarly refreshed its own Nook tablet family. Both Amazon and B&N are moving up to challenge the iPad in the full-sized market with 8.9-inch and 9-inch flavors, respectively.

A move down-market by Apple is seen as a potentially major threat to the success these rivals have been enjoying in the 7-inch tablet market. iPad Mini day might be just around the corner.

 

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Apple Inc. Stock Quote
Apple Inc.
AAPL
$139.23 (1.30%) $1.79
Microsoft Corporation Stock Quote
Microsoft Corporation
MSFT
$260.26 (1.47%) $3.78
Alphabet Inc. Stock Quote
Alphabet Inc.
GOOGL
$2,234.03 (-0.27%) $-6.12
Amazon.com, Inc. Stock Quote
Amazon.com, Inc.
AMZN
$108.92 (1.42%) $1.52
Barnes & Noble, Inc. Stock Quote
Barnes & Noble, Inc.
BKS

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning analyst team.

Stock Advisor Returns
319%
 
S&P 500 Returns
112%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 06/30/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.