An inexpensive “iPad mini” could reset the 7-inch tablet market, Rhoda Alexander, an analyst at iHS iSuppli, tells “CNET.” Keep in mind that Apple hasn’t announced such a device, though it’s widely expected to in either September or October.

While an US$299 price tag “would sit in a more comfortable place as far as a profit,” Alexander believes Apple could go as low as $249 for an entry level model. At the high end, $349 is price Alexander often hears for a model would come with 4G LTE.

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