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iPad mini is real, thin as an iPod Touch, reports say

The “iPad mini” is real, will sport a screen just shy of eight inches and will cost “significantly less” than Apple’s standard tablet, according to several published reports.

According to unidentified sources, the company is developing the tablet with a 7.85-inch screen that is likely to cost “significantly less” than the $499 iPad, with its 9.7-inch display — specifications that match earlier reports — according to a new report from the New York Times.

They are now the third major news organization, along with the Wall Street Journal and Bloomberg, which believes Apple will release a new, smaller iPad sometime this fall.

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