When 7-inch tablets first began emerging as competitors tried to take bites out of Apple's (NASDAQ:AAPL) huge slice of tablet market share, Steve Jobs decried the 7-inch tablet as an intrinsically inferior product. Is the release of the iPad Mini a flip-flop for Apple? Has Tim Cook moved against the late Steve Jobs' wishes? Or is the iPad Mini something more, emerging at a time when Apple can meet its own rigorous standards for quality in the 7-inch format? In this segment, Motley Fool analyst Eric Bleeker talks us through why Apple decided it was ready to step into the 7-inch tablet market, and why the world should be thrilled.
Austin Smith owns shares of Apple. Eric Bleeker has no positions in the stocks mentioned above. The Motley Fool owns shares of Apple. Motley Fool newsletter services recommend Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.