The analysts said Apple will release mini iPad in October

Investment company Pacific Crest analyst Andy Hargreaves on Thursday released a report forecast that Apple will release 7.85 inches display a configuration iPad, 8GB of storage capacity, for sale price $ 299 in this October.

Hargreaves wrote in the report, we expect the 8GB of storage capacity of 7.85 inches of the entry-level iPad price of $ 299, the first when the gross margin was 31% and we expect the first quarter of fiscal year 2013, Apple will expected to sell 10 million units, 7.85 inches iPad throughout the year shipments will reach 35.2 million units. we expected based on the estimated components ordered, on the iPad mini shipments does not exceed the apple production. we estimate that the iPad the mini 9.7 inches the iPad (the new iPad cases) encroachment rate was 25%, that is, the iPad mini shipments for each additional four 9.7 in. iPad shipments decreased by 1, therefore, our fiscal year 2013 before the iPad shipments is expected to be 65.2 million units to 9160 million units.

There has long been rumors that Apple (iPhone 4s cases) 7 inches in the development version of iPad, but Apple never say yes or no.

Tom Mainelli, a market research firm IDC research director of mobile networking equipment sector, launched the iPad mini to further consolidate the dominant position of Apple in the Tablet PC market.

Hargreaves said, Apple may eliminate $ 399 iPad 2 (iPad 2 cases), a similar price to launch a storage capacity of 16GB iPad the mini. He also expects that Apple will be released in October, the new 9.7 in. iPad configuration lighter batteries, oxide TFT display, the camera will be installed at the new location.

The Hargreaves raised Apple price target from $ 630 to $ 690.