Rumor: A Smaller iPad?

Apple Rumored To Release Smaller iPad - mediabistro.com: eBookNewser: "Yesterday tech blog iLounge.com said Apple might be coming out with a 7-inch iPad, which might be a little more eBook friendly. From the blog: 'A seven-inch-screened version of the iPad is substantially finished and will be ready for announcement either later this year or early in 2011. Apple has been prototyping devices with screens of this size for a long time - quite possibly predating the original iPhone.' A smaller iPad would be more comfortable for reading and might come with a lower price point than $499."