Apple Developing Smaller Sub-$400 iPad To Debut In 2011 (The Real Kindle-Killer?)

It’s smaller!

Apple is developing a 5-7 inch version of the iPad that it will start selling as soon as Q1 2011, says DigiTimes. The device will cost less than $400 and be even more aimed at media consumption rather than text input.

In other words, this is the true Kindle-killer.  But $400 is still too much.  When the price point for these things hits $199, they’ll be everywhere.

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