iPad Mini 7.9-inch at $329 – Uveiling in October, with 10 days pre-order

Apple is expected to unveil their new iPad Mini 7.85-inch ‘baby tablet' October 23.
With a 7.9-inch screen, the iPad Mini is 1.8 inches smaller than the regular sized 9.7-inch iPad.

iPad Mini 7.9-inch for October
iPad Mini 7.9-inch for October

It will start with a entry price of $329 for the 8GB model. At that price, it is estimated that the iPad Mini will take a 25% bite out of the the regular sized 9.7 iPad market, and that Apple will sell 35 million iPad Mini's in 2013.

Apple will not disclose any specs or features before the unveiling. The Apple iPad Mini launch event is expected to occur on October 23rd.

But here are the expected features:
Retina Display, 802.11 a/b/g/n WiFi and optional 4G, Bluetooth, high battery capacity, it will be thin and weigh little, sport a decent quality front-facing camera and mic, as well as GPS, magnetometer, gyroscope, and accelerometer, to make use of the many apps and features that have been developed for iPad's already.

Together with the iPad Mini release, a slight upgrade of the regular iPad is also expected.