iPad Mini Coming in Q3?

Could this be true? Apple is making a ton of money off of iPads. But it has been recently challenged in the tablet market with cheap slates such as Kindle Fire. Google is also bringing a cheap tablet to the market. According to the Chinese site NetEase, Apple is already thinking about bringing the iPad mini to stop its rivals’ momentum. Not only that, but the company may price this device as low as $249. That could crush the competition and give Apple a dominant position. But it could simply confuse customers and backfire on Apple.

A 7.85 inch iPad could be a very popular device. At the same time, it could have major ramifications for Apple’s customers and image. This remains a rumor at this point.

[via Electronista]