Apple Keynote Live Blog October 2012 Cnet: New iPad Details
The Apple keynote event will take place live on Tuesday October 23, 2012 at 1:00 p.m. eastern time. You can catch the Cnet live blog stream below.
The new iPad also rumored to be called the "iPad mini" release date and price are expected to be announced today. The iPad mini is expected to be a more affordable option for those who cannot afford the larger device, or for those who who prefer a smaller sized tablet. Apple fans are excited to find out what other products the tech giant will unveil.
Currently, Amazon Kindle Fire dominates the market for smaller reading tablets and the Google Nexus 7 also offers a smaller screen. The price starts at $199 and does not provide a large profit for the makers. The contents including music and books are what brings in the profits.
Sterne Agee analyst Shaw Wu said to Reuters that, "The biggest cost in a tablet is the display. On a mini, the display will be a bit cheaper."
"If the tablet is priced below $299, Apple could still maintain a decent margin if it offers 8 GB of storage instead of the minimum 16 GB storage it has in the current iPad," Wu added.
All that info that we are looking for will be confirmed today.