The iPhone 5 hype has finally died down — just in time for the much-anticipated iPad Mini. And although most of the media nailed the iPhone 5 details, the speculation around the iPad Mini remains exceptionally high.
Right now, the most likely date for Apple (NASDAQ:AAPL) to announce its latest contender in the tablet world is sometime next week, with a whole lot of folks betting on an October 10 event.
The exact specifications are still unknown, but the Mini is expected to feature a 7.85-inch display and be significantly thinner — about as thin as an iPod Touch — and be quite lighter. Up for contention is its price point, if it will include a Retina display and whether it will be Wi-Fi only.
Of course, Apple isn’t the only one launching a new tablet offering:
- Amazon (NASDAQ:AMZN) started shipping its Kindle Fire HD, along with its newest Kindle Paperwhite e-reader, today.
- Microsoft (NASDAQ:MSFT) is expected to launch its new Windows 8 tablet on October 25.
- Barnes & Noble (NYSE:BKS) recently unleashed their line of Nook HD tablets, expected to ship in late October.
- Google (NASDAQ:GOOG) is reportedly making two new versions of its popular Nexus 7, and the rumors are that one will break the so-called magical $99 price point that makes purchases much less difficult for consumers.
It’s pretty clear that October is going to be the month of the tablet, and all this competition is going to be good for the consumer. Of course, considering that Pew Research recently released a survey that stated half of all adult Americans now own either a tablet or a smartphone, the competition is fiercer than ever.
Expect for there to be a whole lot of gift-wrapped tablets under Christmas trees this holiday season, and we’ll keep a close eye on the continued winners in this space.
As I’ve discussed, Apple is going to continue to be a strong performer. I recommend the stock in my Blue Chip Growth newsletter and we’re currently sitting on 250%+ gains. Looking forward, I think that the company may well breach the trillion-dollar mark within the next three to four years.