Rumor of Upcoming 7-inch iPad Still Going Strong | PadGadget

The tech blog iLounge mentioned earlier today that one of their highly reliable sources told them that Apple is planning to release smaller versions of the iPad soon – confirming in the process the rumor started by Digitimes about 3 weeks ago.

The new version of the iPad is apparently finalized from an engineering standpoint, will feature a 7-inch screen, and should be announced either later this year or early in 2011.

This new version seems to be targeted specifically at the e-readers market, in order to help Apple better fight against devices like the Amazon Kindle

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