It is a very simple question but the answer should be everything to clear the doubt of every idevices fan. Learning from the previous event of Apple, the company didn’t release any information about this terminal leaving us so unclear but seem like rumor is quite clear about this issue.
However it is quite reasonable to think that Apple has already notice the success of the 7-inch Amazon Kindle Fire, Nexus 7 and of course the upcoming Windows 8 tablet with smaller screen. It does drain market share from the Apple’s iPad.
In addition the source close the the matter claimed that Apple iPad Mini is expected to be released next year with price tag of $250 to $300.