(NEW YORK) – Apple has ordered ten million units of a smaller-version iPad, according to a report by the Wall Street Journal. That’s nearly twice the amount of Kindle Fire units tablet competitor Amazon ordered for the fourth quarter.
Apple has not yet confirmed reports of what is being dubbed by industry insiders as the “iPad Mini,” but the Journal reported last month that the Cupertino, Calif., company gave Asian component manufacturers the go-ahead to start making 7.85-inch tablets.
Reports say Apple’s latest creation could be announced within days and hit store shelves later this month.
The “iPad Mini” may also have a smaller price tag. Comparably sized tablets made by Google and Amazon generally sell for around $200, while the New iPad is listed on Apple’s website at around $500.
Copyright 2012 ABC News Radio
Ahiza Garcia, CNN
Brian Stelter, CNN Money