Is Apple Working on an iPad Mini?

The iPhone 4S was announced a week ago, so it’s high time for the Apple rumor mills to start churning out new material. Apple Insider is happy to oblige.

According to a source, Apple was spurred on by the launch of the $200 Kindle Fire (the following vast number of pre-orders didn’t hurt either) to start looking for a lower price point for a new iPad.

Apple’s not looking to make a smaller iPad, just a cheaper one.

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