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iPad Mini rumoured for Q3 release

Smaller tablet may feature a 7.85-inch screen and arrive alongside iPhone 5

Apple will reportedly release a new 7.85-inch iPad Mini tablet later this year.

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Chinese net portal NetEase (via Kotaku) claims the Apple device will launch in the third quarter of 2012 to "counter attack" the upcoming Windows tablets.

The site suggests it'll cost between $249 and $299 (£156 and £187), and that Apple is readying an initial batch of six million units for launch.

According to T3, Apple's bitter tech rival Samsung said recently that it expects the US firm to release iPad Mini around the same time as the expected third quarter iPhone 5 launch.

Apple shifted over three million new iPads in three days following its latest tablet's release last month, representing the "strongest iPad launch yet".

Remedy CEO Matias Myllyrinne said last week he thinks the games industry's "not far at all" from delivering triple-A console quality experiences on iPad.

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