Digitimes is reporting that Apple is planning on making a 5-7inch version of the iPad, which will go for $400, and be available in Qa 2011:
Apple is reportedly scheduling a smaller 5- to 7-inch version of the iPad that is expected to launch as soon as the first quarter of 2011, according to Digitimes Research senior analyst Mingchi Kuo.
Kuo, citing talks with upstream component sources, said Apple’s smaller-size iPad will be priced below US$400 and will target the highly-portable mobile device market and consumers that focus mainly on reading and do not have a high demand for text input.
Wait, if the iPad is just a giant iPod touch, and then they’re going to make a small version…wait, what? Yeah, I’m not believing this either. The iPad is already on the petite side for a tablet, and I don’t think segmenting the market even further at this juncture would help Apple at all.