Rumor: Apple Developing a Cheaper iPad Mini

Apple is believed to be developing a new iPad Mini variant that would be cheaper than the current version. Of course, there is no official confirmation, though it does fit with the California based company’s newfound penchant to drive down the price in order to pick up sales. A report from Citi Research is claiming Apple might indeed be doing this, as information from the company's Asia based supply chain network reveals such a possibility. The lowest priced iPad Mini now costs $329, while the low cost Android tablet brigade is flourishing in the $200 – $250 price bracket. The iPad Mini is still selling in millions and is more in demand than its bigger cousin. Apple is already believed to be in advanced stages of building a low cost version of the iPhone to ensure it remains competitive against renewed competition from manufacturers, such as Samsung. An announcement towards this is expected in the fall, which is when Apple is likely to launch the new iPhone 5S, the budget iPhone, as well as new variants of the iPad and iPad Mini. This isn’t the first time we have come across reports of Apple developing a budget priced iPad Mini as rumblings on this were heard back in April. Keep watching! Rumor: Apple Developing a Cheaper iPad Mini is a post from: E-Reader News

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