To compete with Amazon's cheap Kindle Fire proposition,
Apple is expected to unveil a lower priced iPad in the first few months of
2012

Apple is expected to introduce a smaller, lower-priced, variant of its iPad
in early 2012 to compete with Amazon's cheap Kindle Fire proposition, says one
US-based analyst.
The news came via a story published on BGR, according to a report by You Know
Mobile.
‘Our research is pointing to the unveiling of a lower priced iPad in the
first few months of 2012 that is aimed at expanding the company’s market
potential by tapping into a more price sensitive consumer segment," said
Ticonderoga Securities analyst Brian White in a media statement.
‘Essentially, this ‘iPad mini’ will also fend off the recently announced
Amazon Kindle Fire that addresses the low-end tablet market with a $199 price
tag but could lead to bigger tablet ambitions from the online retailer in the
future," he added .
According to White, this lower priced iPad could be priced in the
mid-to-high-$200 range. Also, according to the report, White has also claimed
that a more premium-grade iPad tablet will land in 2012 as well.
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