iPad Mini Release Date: Apple Hints to Launch Event in October? (Watch Video of Mock IPad Mini)

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According to a new report by the Spacelab suggests that Apple has been hinting to an event in October, however the website is quick to say that the news is unconfirmed.

The Cupertino company is characteristic for remaining adamantly quite about any of its new products, until the last minute. But that just helps the company by building excitement and enthusiasm about the products.

Over the weekend, a Japanese based website, Mac Otakara, posted a video of what appears to be a mock-iPad Mini on its blog. The 60-minute video basically confirms all the suppositions made about the mini tablet.

The iPad Mini will be a miniature, as the name suggests, version of its successful tablet iPad tablet. According to the Huffington Post, the iPad Mini will be 7.85 inches, with a front and back side camera, Wifi, a new array of applications, better Facebook and Google Map integration. According to a Forbes article the basic storage capacity of the iPad Mini will likely be 16 GB. The tablet will also have a lightning' 8-pin dock connector and Apple's popular Siri.

The price is said to be between $250-$300. Apple's iPad Mini will compete with Amazon's Kindle Fire (16GB - $199) and Nexus Fire (16GB -$249).Ewan Spencer of Forbes.com said, "From the evidence today, I'd expect to see a 16GB iPad Mini with Wi-Fi connectivity to launch at $299, with a 32GB model at $399, and a 64GB model at $499."

According to speculations there is a general consensus that the iPad Mini will have Apple's new operating system, iO6. There is also talk about Apple's very own music service, something analogous to Pandora Radio.

Currently, Apple is busy juggling with providing inventory to all company outlets across the nation. According to a report by Mashable Business, so great is the demand for the iPhone 5 that Apple sold out all inventory within an hour. The report also suggests that due to the hot demand, Apple might delay its release at some locations from September 21 to the 28th or maybe even later. A report by Bloomberg predicts that Apple will sell around 58 million iPhone 5s by the end of 2012.

Watch the video of the mock-iPad Mini here:

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