NYT: Apple to Launch Smaller, Cheaper iPad While Amazon Goes Large [Rumors]

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NYT: Apple to Launch Smaller, Cheaper iPad While Amazon Goes Large Jamie Condliffe

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Earlier this month, reports from both the Wall Street Journal and Bloomberg suggested that Apple is planning to launch a smaller iPad. Now, citing independent sources, the New York Times is reporting that Apple plans to launch a cheaper 7.85-inch tablet later this year.
The Times suggests that Apple's new tablet would feature a smaller, 7.85-inch screen, and that it would cost "significantly less than the latest $499 iPad". According to "people with knowledge of the project", says the Times, Apple would likely announce the device before the end of 2012.
At this point, another

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