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Reports: iPad Mini Coming this Year

Kevork Djansezian/Getty Images(NEW YORK) -- Apple launched its new iPad just six weeks ago, but that doesn’t mean the world isn’t itching for the next Apple tablet. Rumors of a 7-inch iPad (current versions have a 9.7-inch screen) have popped up again.

This time the speculation comes from a Chinese site Netease, which says that there will be six million units ready for launch in the third quarter of this year. It also says the tablet could sell for $249 to $299 — just about half the price of the current iPad.

Netease says that Apple is prepping the device to compete against Microsoft’s Windows 8, the company's newest operating system, which is expected to hit the market around the holiday season.

Before his death, Steve Jobs had been quite outspoken about smaller tablet. During one earnings call he said that a 7-inch tablet would be “dead on arrival.” On that same call he said, “While one could increase the resolution of the display to make up for some of the difference, it is meaningless unless your tablet also includes sandpaper so that the user can sand down their fingers to around one quarter of their present size.”

Copyright 2012 ABC News Radio

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