The so called Apple ‘iPad Mini’ has been rumored for a pretty long time now more specifically we have been hearing about it since last year and and now we are again hearing about the iPad Mini along with some details. Chinese-language Chinese-language MyDrivers has reported details on the specs and pricing of the scaled down iPad.

According to reports, the iPad Mini will have a 7.85-inch IGZO LCD display manufactured by Sharp and the upcoming tablet will be as thin as the iPad 2 which is already marginally thinner than the new iPad. The most exciting detail reported of the lot is the pricing which is said to be $249-$299, if the iPad Mini truly launches in this price range then it will give a pretty hard time to folks at Google and Amazon.

Bloomberg and The Wall Street Journal also report that Apple is working on a smaller cheaper iPad that may be announced this October .