The rumors surrounding the possible development of an iPad Mini run for some time now, but it would seem that they have started to be more insistence even with the recent announcement of the tablet Google Nexus 7. Just this morning we heard a rumor about some details of the screen iPad mini and its price. The analyst Andy Hargreaves of Pacific Crest shared his views on the situation by suggesting that an iPad Mini 7.85 inch could take his first steps in the fourth quarter of this year.
Hargreaves believes that the iPad Mini will feature an internal storage capacity of 8GB and is priced at $ 299 with an initial margin of 31% gross in a research note that he shared last Thursday. According to Hargreaves, the iPad 2 to $ 399.99 would probably be killed by Apple to make way for the iPad Mini. Regarding the number of mini iPad that could be sold, Hargreaves estimated 10 million units by December 2012 and 35.2 million units in 2013. The total sales of iPad could reach 91.6 million units.

Another promising note for investors is that Hargreaves predicts that Apple’s stock will rise to $ 690 instead of $ 630 he had originally announced in a previous analysis. A mini iPad could certainly shake the market shelves and bring some unwanted competition to the Nexus 7 and Kindle Fire. And you, what do you think of this speculation around the iPad Mini? If it proved true, would you buy one? Feel free to share with us your impressions about it, using the comments section that is located below.