Apple to launch 7-inch iPad in just $200 to $250 price

7-inch iPad

Apple going to launch 7-inch iPad this October at a $200 - $250.  Also, the tablet will feature a Retina display.The storage capacity can be 8GB.

The new iPad could cost as little as $200, acoordind to imore.If Apple were to hit the $200 mark, it would compete more directly with Amazon's $199 Kindle Fire .That seems to include a 2048x1536 resolution display.

According to imore sources, the reason for such aggressive pricing is to do to the tablet market what Apple did to the MP3 market in 2004 with the expansion of the iPod product line -- leave absolutely no space for competitors.

Read more on imore 

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