Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Apple Inc. (AAPL) Making 10M iPad Minis Before Unveiling

Apple Inc.Apple Inc. (NASDAQ:AAPL) does not reveal too much about its production line before it’s time, so talk, rumor, innuendo and implications that a smaller iPad was coming to market have been just that – along with some conjecture after several analysts checked the company’s supply chain for component production. At this point, Apple Inc. (AAPL) isn’t even officially announcing when or whether it will hold an unveiling event for this mystery new device, which is being called the iPad Mini.

However, Apple Inc. (NASDAQ:AAPL) is not saying publicly but it has given indications that it has made an order for 10 million iPad Mini units and that the various component suppliers have been in active production. This order is reportedly to cover Apple Inc. (AAPL) demand during the Christmas holiday shopping season, which would be twice the number that Inc. (NASDAQ:AMZN) has ordered of its Kindle Fire HD.

Apple Inc. (NASDAQ:AAPL) is now reportedly ready to send out invitations Wednesday for an Oct. 17 event, which may mean that the iPad Mini device would be in the market by the end of the month – at least according to past history regarding these events. This smaller version of the iPad is designed to more directly compete with the Kindle Fire and the Nook by Barnes & Noble Inc. (NYSE:BKS), along with the Nexus 7 tablet by Google Inc. (NASDAQ:GOOG). In the meantime, Inc. (NASDAQ:AMZN) unveiled a larger Kindle Fire HD to directly compete with the iPad.

The 7-inch iPad Mini, sources say, is made to look similar to the iPhone 5 and the new iPod Touch rather than a smaller iPad. Whether this will fit a certain niche market for customers remains to be seen, but certainly the device enters an increasingly competitive sub-market in the mobile tablet space. Investors in Apple Inc. (NASDAQ:AAPL) stock, like billionaire fund manager David Tepper of Appaloosa Management LP, will certainly keep an eye on the holiday sales numbers for the company.