According to Fortune Tech, a distinguished Apple investor has claimed that the iPad mini is on its way.

Citing “mutiple sources”, he claims that Apple are preparing to launch a smaller, cheaper iPad with a 7.85 inch display. These rumors were circulating ferociously leading up to the launch of the iPhone 5, however since then, they have died down significantly.

Most importantly, CNN’s source claims that the press can expect their invitations to the launch event on October 10, in just 10 days time. Regardless of whether these rumors are true or not, we won’t have very long to wait.

Leading up to the iPhone 5 launch, various leaks suggested that the iPad “mini” would feature a 7.85 inch display, with much thinner bezels either side of the display. This was referenced in several different schematic and case leaks. Other leaks also suggested that the iPad mini would be built around the improved A5 processor that features in the revised iPad 2.

If Apple’s previous schedules are anything to go by, an October 10 invite would suggest an Oct 17 product unveiling with a Nov 2 release date, perfect timing for the holidays!

Are you convinced by these rumors? What would you like to see in an iPad mini? Leave your comments below!

Via: 9to5 Mac

@TiP_Stephen