This seems to be in line with earlier rumors of an iPad mini by Digitimes that suggested that Apple was getting ready to begin production of the 7.85” tablet in Q3 of 2012, which will also be seeing a price from $249 to $299, which while not as cheap as the Amazon Kindle Fire, should be affordable enough for those who want an iOS tablet. With Apple’s trademark secrecy when it comes to upcoming products, we guess we have no way of confirming this latest report, so we suggest you take it with a grain of salt for now.
In any case what we do know is that Apple will be launching the iPad 3 this coming Wednesday, the 7th of March, so check back with us then for the details!