mostlycloudy
Wednesday May 4th, 2016 1:27PM
12:27PM ( 1 hour ago ) News Alert

Smaller iPad expected at Oct. 23 Apple event

By The Associated Press
NEW YORK (AP) -- Apple Inc. has sent out invites for an event next Tuesday, where it's expected to announce the release of a smaller iPad.

The invite, sent to reporters Tuesday, doesn't hint at what will be revealed, beyond saying that "We've got a little more to show you." The event will be held in San Jose, Calif.

Media and analysts have said for months that Apple has an "iPad mini" in the works. The tablet is thought to be about half the size of the regular iPad and to start at $249 or $299. The regular iPad starts at $499 for the most recent models.

Apple founder Steve Jobs derided the idea of a smaller tablet two years ago, but Amazon.com Inc. has had some success with its Kindle Fire, which is about half the size of the iPad and starts at $159. Analysts believe Apple wants to tackle that competition with its own similarly sized tablet.

Reports suggest that the smaller iPad would have a screen that's 7.8 inches on the diagonal, a bit more than the Kindle Fire or Google Inc.'s Nexus, with their 7-inch screens. The full-size iPad has a 9.7-inch screen, giving it about twice the display area as the 7-inch units.

Apple typically starts selling a new phone or iPad a week or two after announcing it. But it could treat the new iPad as a minor product update, in which case it could start selling it right after the announcement.

Apple shares rose $14.02, or 2.2 percent, to $648.78 in midday trading Tuesday. The shares are off their all-time high of $705.07, hit Sept. 21 when the iPhone 5 went on sale in stores.
  • Associated Categories: Business News
© Copyright 2016 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Fiscal cliff may determine gas prices at start of 2013
Retail gas prices climb as 2012 comes to end. While gas prices are likely to rise into next year, whether or not a deal is made to avoid the fiscal cliff will determine if prices continue on an upward trend.
6:18AM ( 3 years ago )
Business News
Exploring the benefits, and potential drawbacks, of a 4-day work-week
Several cities across the country have begun experimenting with the idea of the 4-day work-week, where daily shifts are extended by an hour or two in exchange for employees getting a 3-day weekend.
By Afternoon News Wrap
11:38PM ( 1 day ago )
PHOTOS: Gwinnett children's shelter re-opens as transition program for homeless children, mothers
The Gwinnett's Children Center has broken ties with the state of Georgia, and representatives officially unveiled the new "Home of Hope at Gwinnett Children's Shelter" Monday afternoon.
4:22PM ( 1 day ago )
AAA: Gas prices continue to rise
The latest fuel price report from AAA said prices at the pump should get more expensive this week thanks to an increase in oil prices and high demand for gasoline.
By AccessWDUN staff
7:42AM ( 2 days ago )
Metro Atlanta developer announces plans for 508-acre mixed use community in the Braselton area
A metro Atlanta developer has announced plans to build a mixed-use community in the Braselton area that would encompass more than 500 acres on the Hall-Jackson County line.
7:30AM ( 3 days ago )
The Latest: Buffett says real estate less attractive
Warren Buffett says real estate appears to be a less attractive investment than it used to be, but he doesn't see a nationwide bubble in prices
4:45PM ( 3 days ago )