Is a Seven Inch iPad on the Way?


Rumor sites are buzzing with the news that a seven inch iPad could be in the works from Apple (AAPL). The source article, a translated Taiwan Times article, claims the seven inch iPad will be manufactured by sources other than Apple's usual partner, Foxconn. Compal, instead, would be used, as Apple is claimed to be trying to diversify its suppliers.

The rumored iPad would also be 1.1 pounds, instead of 1.5 pounds, allaying concerns some have about how heavy the first generation iPad was. The screen resolution would be the same.

Sites like Looprumors and ComputerWorld are reporting the date for the new iPad's release as being holiday 2010. That seems rather unlikely, as the rumors are just now confirming that these parts are being ordered by Apple. More likely is that, with Macworld being the usual place Apple likes to make some new announcements about their product line, one might anticipate seeing a new iPad announcement there. In late January.

This is when the iPad was initially demonstrated to the world at large at the start of 2010, with the iPad going on sale in April. Look for Apple to repeat the same pattern, just as they have stuck to a summer pattern with the iPhone.

Impact on Apple's stock price? Look for excitement about a lighter iPad and news stories to effect the Apple price in the traditional run up before Macworld. If the device is real, look for excitement in April as it further boosts the iPad ecosystem and offers another market segment to sell to, as well as to the core faithful who like their iPads, but want a lighter/new/better version.

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