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UPDATE: UPDATE: Apple (AAPL) introduces new, smaller iPad; Will Price at $329

October 23, 2012 1:51 PM
(Updated - October 23, 2012 2:07 PM EDT)

(Updated - October 23, 2012 1:55 PM EDT)

Apple, Inc. (NASDAQ: AAPL) introduces new, smaller iPad.

UPDATE - The device is 7.2-mm thick and weighs 0.68 pounds. It will be available in white and black. Display is 7.9-inches diagonal with the same 1024 X 768 display as iPad 2.

UPDATE 2 - the iPad mini will price at $329.

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