Thursday, July 5, 2012

Smaller Apple (Nasdaq: AAPL) iPad rumors heat up

Smaller Apple (Nasdaq: AAPL) iPad rumors heat upOrlando, FL 7/5/12 (StreetBeat) – A pair of reports say that Apple Inc. (Nasdaq: AAPL) will start selling a smaller tablet device in the fall, according to the Silicon Valley / San Jose Business Journal.

Unnamed sources in Asia are saying suppliers there are preparing for mass production of a tablet that will be smaller than 8 inches, according to the Wall Street Journal.

And Bloomberg says it will be a 7-inch tablet but won't have the "Retina" sharp display that has been a marketing point in the latest iPads.

Apple has an estimated 1,200 employees working at its Elk Grove campus.

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