Rumors of an "iPad mini" with a 7.85-inch display continue to appear, with a recent report from China, via Unwired View, saying that it will have an IGZO display. That stands for indium gallium zinc oxide, and has a number of advantages: the display can be thinner, and it uses less power. It was rumored that Apple tried to use an IGZO display in the retina iPad, but the technology wasn't quite ready. The result was that Apple was forced to kludge the design, ending up with a device that was thicker, heavier, and warmer. IGZO technology will remedy that, and I expect that Apple will use it from now on. The new device, according to the post, is expected to be priced in the range of $250-300. It will compete with Amazon's Kindle Fire and the new Nexus 7 from Google.
It will be interesting to see if this rumor pans out. Apple already has a huge lead in the tablet market, and I suspect that an iPad mini would impact the devices from Amazon and Google more than Apple's current iPad models, thereby increasing Apple's market share. Sales of tablets are now predicted to surpass notebook computers by 2016, with the iPad leading the way. You can read more on AppleInsider.