The smaller iPad, dubbed the iPad mini, is reported to feature a 7.85in screen with a resolution of 1024×768 pixels. It is expected to be thinner than the new iPad, come with 8GB of storage and include 3G capabilities – which the Nexus 7 is lacking.

Apple is poised to launch the iPhone 5 in September and the iPad mini could also make an appearance at the launch, giving it ample time to take advantage of the Christmas shopping splurge.