iMore is out with a new report today, claiming that it has learned from a reliable source that Apple will be going forward with plans to release a 7-inch iPad this fall. The tablet will launch in October, alongside the new iPhone, and cost less than $250.

While it’s easy to chalk this up to just another “iPad mini” rumor — we know, there’s been a lot of them — it’s worth noting that iMore has been fairly accurate in the past with Apple info, most recently nailing the new iPad event date last March…

From the report:

“We haven’t gotten a firm read on the exact dimensions, so we’re using 7-inches generically here. Our source has indicated, however, that the 7-inch iPad will be identical in every way to our current 9.7-inch iPad, just scaled down. That seems to include a 2048×1536 resolution display, just like the new iPad. If accurate, that would put the pixel density at around 326 ppi, identical to the iPhone 4S (and higher than the 264 ppi new iPad) Retina display.”

The site indicates that even with a Retina display, Apple will be able to keep the tablet’s price tag between $200 and $250. This differs greatly from the previous rumors we’ve heard that the smaller iPad would have a lower resolution 1024×768 display to keep costs down.

“one way Apple will be keeping costs lower is by providing less storage capacity. $200 will get you 8GB. That’s identical to the current entry-level iPod touch, which also starts at $200.”

It’ll certainly be interesting to see how this plays out. If true, Apple would be releasing [at least] two major products (don’t forget that new iPhone) just as the holiday season is starting — a time the company absolutely dominated last year.

  • cruzcontrol1001

    If it proves to be true it would light a fire under the kindles ass.

  • Assuming it has retina display as well.

  • if this was true, i’d get one. 😀

  • Anonymous

    I hate this rumor!

  • holy shit. retina display iPad mini for $250 or less? I’d buy one just for reading. My iPad always feels a tad big to do reading on.

  • That’s the way to do it, just repeat the rumor over and over untill it becomes true 🙂
    Talking about the sites getting alledged insider info like leftover vita’s. I wonder when a report about a 4 inch iPhone is going to surface.

  • Buy up a bit more stock now while it is “fairly” cheap.

  • Anonymous

    If this is even moderately true, it’s GAME OVER, and the iPad cements its place as the iPod of the tablet world.

    • pay $100 for retina display, dual cameras and siri? sounds like a better deal than a net tablet.

      • Anonymous

        Indeed! 😉

      • this is apple, they won’t give you siri…and for dual cameras? you’ll have to wait for next years version for that

  • if apple wants to have the entire tablet market then goodbye nook and kindle cause who will buy the other ones when you can get an iPad for similar price?

    • Anonymous

      The only scenario I can possibly think of would be for their respective ~$79 E Ink screen models that are easier to see in the sun and inexpensive enough as to not want to throw yourself into the ocean if it was stolen while sitting on the beach or was ruined when sand gets in it. Of course, I wouldn’t really count those as tablets, as they are mainly single-purpose driven devices. Eventually, those E Ink models will drop so low in price due to competition that they’ll just give them away and hope they can recoup the cost through future sales on Ebooks.

      That’s my wordy method of saying, “I agree.” LOL