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Insiders sources claim that the miniature iPad will be priced at around $250-$300.
Apple devices are notoriously expensive, so the launch of a iPad Mini tablet is a clear indication that the Apple firm is pulling out all the stops to ensure Amazon doesn’t steal its tablet crown.
Some analysts also believe the launch of a iPad Mini tablet will fend off competition from the likes of Samsung and Microsoft, both of which have been very active in their pursuits to overtake the world’s biggest company.
Based on the figures above, analysts claim Apple stands to gain about $100 in profit for each tablet sold. That figure is based on a calculation of its potential innards, with the screen costing the most at $50.