01 16 and 32GB iPad 3s at launch, cheaper iPad 2 soon after, mini iPad coming Q3

More miniature iPad talk is continuing to churn its way through the rumour mill with the latest word being that it'll run a screen size of 7.85-inches with the same 1024 x 768 resolution seen on the first couple gen iPads.

More miniature iPad talk is continuing to churn its way through the rumour mill with the latest word being that it'll run a screen size of 7.85-inches with the same 1024 x 768 resolution seen on the first couple gen iPads.

Pricing on the mini iPad is expected to sit between US $249 and $299, helping Apple provide a counter attack on affordable Android units including the Kindle Fire and Nook. While samples are said to be already out, volume production on Apple's mini iPad isn't expected to kick off until Q3.

Another interesting rumour has also just surfaced indicating that Apple is looking to roll out a cheaper, stripped down iPad 2 soon as well. This is said to be a model with just 8GB of storage and a lowly price tag of somewhere around US $349.

The many potential iPad buyers out there who had great difficulty swallowing the cost of one may be snapping them up in droves once these market segments are covered with lower cost alternatives.

Meanwhile, as we all know the other end of the spectrum is about to be polished right up on March 7th when Apple outs the iPad 3 in 16 and 32GB flavours (while perhaps not quite as popular, surely a 64GB will follow). This supposed quad-core wielding 9.7-inch tablet is rumoured to be slightly thicker than iPad 2 to accommodate several new features including a 2048 by 1536 (264dpi) Retina display, improved cameras and LTE 4G technology.