Looks like the rumors were true, and Apple really does have a miniature iPad up their sleeves. Next week, during an event scheduled for October 23, the company will be unveiling the smaller tablet.
An invitation went out to numerous outlets today, teasing the iPad mini. Rumors of an iPad with a smaller screen have been circulating for months.
It's clear that the smaller iPad's announcement (and impending release) was timed to compete with cheaper alternatives like Amazon's new Kindle Fire and Google's Nexus 7. Can't forget Microsoft's Surface tablet either, set to launch later this month.
The Apple event will be taking place in San Jose, up in Northern California. Prepare your wallets.