Future Apple product rumors are always the topic of the news, the most recent being an iPad Mini to release this year after Bloomberg reported this afternoon that the smaller version of the iPad will be launching in late 2012.

The new tablet will apparently feature a 7 or 8 inch screen but will not feature a Retina display, alongside some obvious features included in the current iPad, however you can probably expect a smaller processor, battery and ram in order to keep the size and cost down.

Alongside what the tablet will include Bloomberg also reported that the new tablet model will be launched sometime around October, which fits in with the normal event they post host around that time.

Check out the source link for more information.

Via [Bloomberg]

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