Apple is expected to unveil iPad mini, a smaller version of its tablet, on October 23rd. While that may mark Apple’s entry into the mini-tablet arena, it may also lead Apple to abandon iPad 2 altogether.

A lot of anticipation has surrounded the expected release of Apple’s iPad mini. Over recent days, we have seen a number of leaks hinting about the device. And with the roll-out of invitations for an Apple event on October 23rd, it is almost certain that Apple is coming out with it.

While that may sound good to most consumers, a rather unfortunate consequence of it would be that Apple may abandon iPad 2. When it released the new iPad, it sliced the price of iPad 2 down to $399. However, with the new kid hitting the markets soon, it is rather improbable that Apple will continue to offer iPad 2.

The company has a knack of discontinuing its older products to make way for newer releases. Besides, Wall Street analysts are forecasting the expected sales of iPad mini during the December quarter alone to top 7 million.

With these iPad mini sales and the revenue generated from the Retina iPad, Apple will be in a sufficiently strong position to risk abandoning iPad 2. That certainly does make business sense for Apple. However, it may leave a lot of prospective iPad users grumbling who would then be left with a choice to use an Apple tablet with mini display or a Retina slate which will cost them a lot more.

Source: Apple Insider

Courtesy: Techreport

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